Category: Features

Dollars and Sense: What Is a Stated Income Loan?

In the past, stated income mortgages* were home loans that did not require income verification or documentation. Lenders just needed a borrower’s stated income—hence the name “stated income” loans. Unfortunately, these risky loan types contributed to the 2008 housing market crash, and banks stopped issuing stated income loans as a result. This prevented banks from selling…

Spotlight on Advertiser: “Blood Ivory”

Bruce Capra with Blood Ivory

Pam Gappa, Absolutely Art Gallery Bruce Capra and his wife moved to SaddleBrooke from Colorado three years ago. Over the years, he had the good fortune to do quite a bit of traveling. On a trip to Africa several years ago, he became fascinated with the elephants. There are approximately 400,000 elephants in the world…