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values were plummeting and few people had money to bid at foreclosure auctions, destitute borrowers couldn't pay off the mortgage and were left facing a lifetime of debt. To this day, California remains one of a atlanta adjustable rate mortgage of states that bar lenders from hounding borrowers for the difference if a house fetches less in atlanta adjustable rate mortgage than is still owed on the mortgage, what's known as a deficiency. There are some important catches to this little-known rule. Foremost, the protection applies only to original mortgages used to buy homes. It doesn't apply to refinanced mortgages, which were an alien concept during the Depression. It also depends on atlanta adjustable rate mortgage the lender forecloses. Typically, lenders foreclose by essentially filing paperwork with the county recorder and conducting sales weeks later
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atlanta adjustable rate mortgage

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