Friday, January 26, 2007

Uninsured Risk of Secret Second Piggybacks May Trigger $164 Billion Loss

“Secret Seconds” On Top of “Piggyback” Mortgages May Trigger Homeowner Foreclosures of $164 Billion!

The Untold Truth:

Do Piggybacks without mortgage insurance create more risk, and higher borrower payment burdens?

Did Government Regulators Know About
Secret Second Mortgages?

Did the Lenders Know About The Secret Second Liens?

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