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Wow!
Just popped up on my feedreader.
No more Pick-a-Pay, no more anything that has a negative amortization.  Period!
Can I keep my Calculator?
What about the cool spreadsheets I created?
Seriously, The Neg Am loan has a very valuable place in the finance world when properly used.  I believe Wachovia (world Savings) had the highestperforming Neg Am Portfolio in the biz.
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Wow!
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