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IPFS News Link • Economy - Economics USA

Countrywide And Chase Shut Off The Cash Spigot

2-1-08 • Michael Shedlock / Mish

The 70% rule will put a dead halt to MEW and HELOC extraction for nearly all of Los Angeles, Orange and Imperial counties. Anyone needing cash out financing to pay the bills in those counties is simply out of luck.

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Countrywide And Chase Shut Off The Cash Spigot

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