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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (22686)8/1/2004 4:44:55 PM
From: TradeliteRead Replies (2) | Respond to of 306849
 
Very easy.....make the loan applicant swear on a signed document that he intends to occupy the property, and that it will be his primary residence. His signature attests that he is not defrauding a federally insured lending institution and doesn't want to go to jail.

I assume you believe your signature is still worth something these days?<<gg>>