....the banks all loaned easy mortgages...seller's sold at higher prices & buyers bought those high prices.....town assessments grew....town selectmen dreamed community centers and police stations and football fields....and town selectmen spent big...banks continued to loan easy mortgage money....everyone was rich and happy and played thursday nite adult dodgeball at the new community center...down in Concord, the Dept of Environmental Service and the new Democratic legislature tightened up the rules for NH shoreline development...the banks sold off their hi-value mortgages to Wall St-Bond St-Zurich-Abu Dabi investors and the mortgage bankers were all very very fat & very very happy.....the mortgages just got repackaged and resold so did it make any dif if the home's current occupant could really make the payments.......no-way....not one bit.....until...until...until...one day, things started to change, and then what started to..... 
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... down and out, liv'n that Walmart side of the lake!
Last edited by fatlazyless; 02-23-2008 at 09:18 AM.
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