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Old 05-27-2007, 04:32 PM  
Barefootsies
Choice is an Illusion
 
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Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
Quote:
Originally Posted by kane View Post
It's no surprise that foreclosures have shot up. I think a lot of people bought more house than they could afford because of all these shady brokers and now are finding out those house payments are nearly impossible to make.
What's sad is a lot of the same companies who had got them into those ARM's and interest only are now advertising to get them out of their "teaser" loans.

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