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Post# of 793585
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Wise Man

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Wise Man

Re: Wise Man post# 792353

Saturday, 04/20/2024 6:03:55 AM

Saturday, April 20, 2024 6:03:55 AM

Post# of 793585
BOTTOM LINE. 2nd-lien mortgages turn into 1st-lien motgages, in the case of purchases of those cash-out refinancings.
After being bundled into UMBSs, it isn't a new product.

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