OCHN: Lamentations of a long-term floplord

Many underwater homeowners face recasting and resetting second mortgages and HELOCs. Their options limited, most will be stuck paying off these debts.

 

One of the most obvious signs of the housing bubble was the willingness of buyers to purchase properties where rents only covered a small... at Lamentations of a long-term floplord

 

 

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