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07-15-2008, 02:27 PM
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Traditional mortgages affected by lender's...
...collapse? If a person has an old fashioned fixed rate, 30 year mortgage but just happens to have it through one of the big lenders that have recently collapsed or have had problems, will that affect the borrower at all?
Thank you all for answering. Yes, I realize I still have to pay  ) I was just wondering if a bank's problem might become mine too.    |
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