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To: ex-Texan

It wasn't the purchasing, it was the adjustable mortgages.


12 posted on 08/22/2006 8:33:48 AM PDT by Bob J (RIGHTALK.com...a conservative alternative to NPR!)
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To: Bob J

It was the ARM's in combination with no income verification, 100% financing, and max out seller contribution loans that will do this bubble in.


25 posted on 08/22/2006 9:08:42 AM PDT by Subsonic22
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