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May 04, 2006

Like A Bubble, Only Different

A rant on mortage rates, foreclosures, and the poor homeowner.

Think about this: Mortgage companies made a lot of money in the past decade on sub-prime mortgages, balloon mortgages and other creative devices for parting people from the maximum amount of profit up front and then leaving them dangling over the financial cliff.

 

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Like A Bubble, Only Different

Posted on May 4, 2006 09:45 AM by Mortga80.
Filed in Mortgage Calculator under mortgage rates.
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