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| User Info | California - extend "Teaser Rate" period on ARMs?; entered at 2007-12-02 00:02:04 | |||
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Shoobedoowa Posts: 1602 Registered: 2007-06-27 Thailand 
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It might be interesting to see how many of these homeowners go about proving that they cannot afford the increase, given how many of them proved they could afford the mortgage in the first place, via stated income applications. Quite a balancing act.
2007-12-02 00:02:04
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