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'Vanilla' home loans could benefit borrowers (The Pantagraph)

Posted on June 24, 2009
Filed Under Loans |

WASHINGTON, D.C. — If President Barack Obama gets his way, consumers who take out mortgages would automatically get a “plain vanilla” loan - such as a traditional 30-year fixed-rate mortgage - unless they opted for a riskier variety.

Source:'Vanilla' Home Loans could benefit borrowers (The Pantagraph)

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