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Banks Attempting to Prevent MASSIVE Mortgage Defaults!
Even though the central banks are essentially out of options there is a still a trick up the sleeves of banksters to help prolong the housing crash. In Canada, when someone cannot afford to pay the new loan payment since so many have adjustable rate mortgages, they are now going to allow people to add additional debt to their principal just to keep people in their homes. A recipe for eventual disaster.
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