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Bookmark and Share Refinance or Strategic Default

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Refinance or Strategic Default. I find myself in a possibly unique position. Bought a house in 2005 for $530K. I have a first through Suntrust ( loan owned by Res. Funding) now at $390K at 6.25% and a second through GMAC ( loan owned by Res Funding) for $100K at 7.5%.

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Published 18 weeks 5 days ago
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