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Chris Cooley never missed an installment on the their home loan for the Long Beach, California. Monthly, Wells Fargo manage debit your $step three,100 to the five-device building; among systems are his, additionally the other three he rented out getting money to pay for the loan. In 2009, in the event the houses drama strike, Cooley necessary an easy way to reduce his mortgage. Very first, it was a survival: his mortgage repayments fell by 50 percent, in order to $step 1,560.

That it is actually alarming when a beneficial ReMax agent, sent for Wells Fargo, kicked towards door in and you will advised Cooley the building no longer belonged so you can your. (さらに…)