Archive: January 1, 2025

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It actually was you to definitely 90 percent of the fund from these types of type of lenders in the 1996 was basically nonpurchase money finance

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However tested the fresh new 1996 HMDA research. This was an alternate profile that truly troubled me. This means that ninety percent of your own borrowers, if you put men and women data to each other, was in fact most likely in their home before it grabbed out of the mortgage that’s stop within the foreclosures after which shedding their residence.

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