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About 21 percent of subprime adjustable rate mortgages are 90 days or more delinquent, and foreclosure rates are rising sharply, according to the Fed. Some 2 million homeowners are due to have their.
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I myself was to move out of my house in 3 years soI obtained a 5 year ARM. I lost my job due to an injury and things went down hill.. report and allow these borrowers to refinanced with a.
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