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'Underwater' home owners

Story date: 2008-02-22 01:43:00
Added on: 2008-02-22 15:00:52


Boston Globe - The borrowers can’t refinance because no new lender will write a loan for more than the home is worth. The industry has charged that some are simply refusing to make payments, and either abandoning their homes or waiting for lenders to kick them ...


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