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Real Estate
Reply to "Hike in payments for good-credit homebuyers to subsidize high-risk mortgages"
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[quote=Anonymous]Can someone help me understand this in a neutral, nonpolitical way? Is this accurate? The mortgage companies need to raise a certain amount of money through fees. Before, people with lower credit scores were charged nearly all of the money needed. Now, the charges are more even, and the people with higher credit scores will pay a higher percentage than the people with lower credit scores.[/quote]
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