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Mortgage Loans underwater help

Created by A.R. on January 04, 2013

Propose a regulation that help those people that have their mortgage loan underwater for more than 30,000.00. Do not allowing the banks charging then an interest over a.5% of the federal reserve rate. By this way they are going to paid their principal faster and their loan will be more according with the real price of their house in the market.

Economy & Jobs
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