Sunday, August 12, 2007

High-risk mortgages turning into toxic mess (The Cincinnati Post)

SAN FRANCISCO - When Linda Martin refinanced the mortgages on three different houses nearly three years ago, she thought the lower monthly payments would help her save more money for retirement. Instead, the Lakewood, Colo., skin-care specialist is sinking in financial quicksand.

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[Source: Yahoo! News Search Results for mortgages]

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