03-03-2009, 12:23 PM
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#1
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Registered User
Join Date: Oct 2002
Posts: 3,595
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Home Mortgage loans
A good friend could not send in his mortgage payments and was part of the Freddy Mac Fanny May or whatever they are called To make a long story short, he received a call yesterday and as part of the new Government plan , they will lower his payments for the first 5 years and make it a new 40 year mortgage .
Good idea , he will be 99 years old in 40 years
VB
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