Purchase Money Loan

Legal Bonds: Home Equity Lines of Credit May Not Be Your Friend!

By Candy Evans / September 6, 2011 / 14 Comments

Furthering the discussion on whether the credit agencies are using a flawed algorithm to determine our mortgage future, this comment from Dallas bankruptcy attorney Reed Allmand, Allmand Law,┬ádeserves its own post. Most homeowners who are underwater on their mortgages got there through home equity loans that Allmand says were used to retire the same type […]

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