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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (16053)3/3/2002 1:31:16 PM
From: bonnuss_in_austin  Read Replies (1) of 74559
 
Private Mortgage Insurance is the only protection --

-- if indeed, it is 'protection,' I believe it's that simple. (I've not bought it in years, and even when I did on first house purchase, I wasn't clear at all as to what would happen if the insurer went belly-up).

All mortgages are 'callable' otherwise. Foreclosure is same, correct?

Same as it's ever been, in other words.

bia
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