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by MeinBlutIstBlau
1796 days ago
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> The more people in power have been hit, the more repercussions we can hope for. This reminds me of a story I heard at a presentation when working at a bank. A politician was going through a closing process for property he was purchasing. He had an issue and found out that the banks automatically tac on PMI for his type of loan, regardless of loan to value ratios. A year later, their state passed legislation saying PMI cannot be forced on mortgaged loans with certain ratios and must be disclosed before closing. Funny how things work :) |
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