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Lol, yeah.
Between October 2005 and May 2006, Serin purchased eight single-family homes using stated income loans.[1][4] These loans required no documentation of income, nor any down payments. Before quitting his web design position in January 2006, Serin claimed an over-inflated income (roughly five times his actual pay) on his loan applications,[5] reasoning that many other borrowers were using similar strategies to obtain mortgages for which they would not otherwise qualify.[6][7] He continued to claim the same income on loan applications completed after he had quit his job.
How is this asshole not in jail? Did he even pay back the $2 million in fraudulent loans he took out?
He's back.
http://www.brokercasey.com
Scary.