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  • July 18, 2009 at 10:06 AM #434107
    stansd
    Participant

    Very good info. Thank you all. I had no idea principal right downs were so rare.

    Any other thoughts on interest rate, etc. are welcome. The other nut to crack is how to insure countrywide steps out.

    Stan

    July 18, 2009 at 10:20 AM #433366
    moneymaker
    Participant

    Why must countrywide step out.Your brother wants to own a condo for $1000/mo.,yeah right! I personally think the deal offered is too good to be true,there has to be a catch there somewhere. If I thought I could get 3.5% on my mortgage I would stop paying right away.-TG maybe your prof told the first guy he would get an A if he could make the rest of you guys go away! Good story though,the analogy might be right on.

    July 18, 2009 at 10:20 AM #433569
    moneymaker
    Participant

    Why must countrywide step out.Your brother wants to own a condo for $1000/mo.,yeah right! I personally think the deal offered is too good to be true,there has to be a catch there somewhere. If I thought I could get 3.5% on my mortgage I would stop paying right away.-TG maybe your prof told the first guy he would get an A if he could make the rest of you guys go away! Good story though,the analogy might be right on.

    July 18, 2009 at 10:20 AM #433876
    moneymaker
    Participant

    Why must countrywide step out.Your brother wants to own a condo for $1000/mo.,yeah right! I personally think the deal offered is too good to be true,there has to be a catch there somewhere. If I thought I could get 3.5% on my mortgage I would stop paying right away.-TG maybe your prof told the first guy he would get an A if he could make the rest of you guys go away! Good story though,the analogy might be right on.

    July 18, 2009 at 10:20 AM #433947
    moneymaker
    Participant

    Why must countrywide step out.Your brother wants to own a condo for $1000/mo.,yeah right! I personally think the deal offered is too good to be true,there has to be a catch there somewhere. If I thought I could get 3.5% on my mortgage I would stop paying right away.-TG maybe your prof told the first guy he would get an A if he could make the rest of you guys go away! Good story though,the analogy might be right on.

    July 18, 2009 at 10:20 AM #434111
    moneymaker
    Participant

    Why must countrywide step out.Your brother wants to own a condo for $1000/mo.,yeah right! I personally think the deal offered is too good to be true,there has to be a catch there somewhere. If I thought I could get 3.5% on my mortgage I would stop paying right away.-TG maybe your prof told the first guy he would get an A if he could make the rest of you guys go away! Good story though,the analogy might be right on.

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