com countrywide home loan

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city registry first is com countrywide home loan the first mortgage. The loan registered second is called the second mortgage. A property can have a third or even fourth mortgage, but those are rarer. Second mortgages are called subordinate because, if the loan goes into default, the first mortgage gets paid off first before the second mortgage gets any money. Thus, second com countrywide home loan are riskier for the lender, who generally charges a higher interest rate. Almost 36 million taxpayers claimed the deduction in 2003, according to the most recent statistics compiled by the com countrywide home loan Revenue Service. The President's Advisory Panel on Federal Tax Reform urged the administration to do away with the deduction and replace it with a credit worth 15 percent of interest paid during the year. They would scrap the deduction for property taxes, too. Working