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Mortgages : Up In ARMs - The Mortgage Bailout

Blogger : Mortgage News Daily - Mortgage and Real Estate News
All posts : All posts by Mortgage News Daily - Mortgage and Real Estate News
Category : Mortgages
Blogged date : 2007 Dec 07

"Grumble, grumble, grumble," echoed loudly today across America after The President, along with members of the Treasury, unveiled a "plan" to help stem the rising tide of foreclosures.

Excited to have an ARM adjusting in June, I called HopeNow to find out how I could get my loan frozen. Here's the conversation as it happened almost word for word each of the eight times I called (almost is if they had a script! Hard to imagine for a call center!)...

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