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What's the Average Percentage of the Loans?
In the last 20 years, of all the loans, if we combined, were nagam. The average percon that disn't, i think was four payments. If your loan amount was 400 thousand dollars, and you paid the nagam payment, your loan would go from 400000 dollars to less than 500 dollars. People just stop making their mortgage payments because they don't ave equity in their home any more. And what happened is that product was started by companies like golden west,. A company bought for one point nine billion le make a ah a commet around around the loans again.