[mEDITate-OR:
not see that we are not loosing the way we should be....
Normally, we should be paying down the principal of our RE home mortgages.
For years we have been extracting, with 2nd mortgages, our appreciating equities.
Now, through foreclosures, short sales and strategic defaults we're being "trashed"...
literally and 
figuratively.
figuratively.------- Large image at CR site:
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Saturday, June 12, 2010
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