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To: Les H who wrote (119339)9/4/2001 1:15:22 AM
From: sammaster  Respond to of 436258
 
"The Mortgage Bankers Association said that more than half of all people who did cash-back refinancings during the first half of the year ended up with a loan greater than their original mortgage."

i wonder what salary cut(or outright unemploymnent) and decreasing home prices will do for these folks...

samir