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perpetual : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "perpetual"

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Toxic Loans & The Art of Denial

There’s an idea which has been voiced with more and more frequency and it generally goes like this: I have a toxic loan but why worry? After four years or so — just before the monthly cost of this loan doubles — I’ll just go out and get another interest-only or option ARM, begin the [...]

26Aug2008 | | 0 comments | Continued