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Archive for August 6th, 2007

6.08.07 » No money down vanishing as mortgage option

No money down vanishing as mortgage option. Lenders faced with growing piles of bad loans, even to borrowers once considered good credit risks, have clamped down on the no-money-down mortgage. The abrupt shift threatens to dash the hopes of millions of potential buyers, especially those shopping for their first homes. Read more here.

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August 2007
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