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Subject:  Re: GA Deal I'm working... Date:  2/22/2006  11:19 AM
Author:  GusSmed Number:  7645 of 14302

ARMs are bad enough, but he has her in a neg-am, the most toxic loan yet invented.

Yeah, I have a hard time with those as well. They assume an increase in property value, which seems extremely unsafe in today's environment.

- Gus
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