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goarmy123

01/09/12 1:22 PM

#414 RE: GardenGnomes #413

I think she will go a heck of a lot higher! I am sure the loan insurance co or fdic has to pay them all or a percentage of the net loss on defaulted loans and properties! We pay loan insurance on every loan typically. Unless you can throw down the typical 25% then some banks will not make it part of your loan cost!

I am sure they are insured and will make up there losses that way. All in my opinion!