I heard something on the radio this morning about the state of Cali freezing the low teaser rates of the loans that are about to reset. I didn't catch the hole story but it sounds like the state wants to attempt a bailout. Can they do this? Anybody know?
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I heard something on the radio this morning about the state of Cali freezing the low teaser rates of the loans that are about to reset. I didn't catch the hole story but it sounds like the state wants to attempt a bailout. Can they do this? Anybody know?
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