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Regarding negative amortization finance, borrowers’ debt grows whilst they make to the-day payments
Regarding negative amortization finance, borrowers’ debt grows whilst they make to the-day payments This type of included interest-only funds and negative amortization financing, which were slammed by individual supporters while they given the new fantasy off lowest 1st money however, was in fact harmful regarding much time run while they didn’t reduce borrowers’ mortgage financial…