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U.S. mortgage industry hashes out rate-freeze plan »

Posted by: raeliegh 2 years, 1 month ago
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Mortgage industry executives worked on Saturday to hammer out details of a homeowner rescue plan that would freeze interest rates on some U.S. subprime mortgages for up to seven years, but questions remained over how to avoid investor lawsuits and other legal challenges.

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raeliegh

A trashy, hapless, smashing, classically tragic Gold Coast Girl!

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Comments: 1
  • Avg rating: (+0/-0 0)marshx
    marshx
    Dec. 2, 2007, 12:34 p.m.

    i think investors should be wise on this; they too, stand to loose if the house is foreclosed.

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