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IPFS News Link • Economy - Economics USA

Fannie & Fred’s 'New Plan' Keeps Borrowers Underwater as Leveraged Renters

11-12-08 • MrMortgage.ml-implode.com

Today’s hype was just that…a non-starter ’solution’ that ultimately turns home owners into leveraged renters because banks refuse to reduce the principal balance. Until principal is waived for good, no solution will work.

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Fannie & Fred’s 'New Plan' Keeps Borrowers Underwater as Leveraged Renters

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