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  1. R

    Trying to Settle 2nd with SLS

    History: Purchased in 2007 for $485,000 in California using a $388,000 First and a $72,750 HELOC with 5% down. HELOC was completely maxed out as part of the purchase. Both loans were through American Home Mortgage (AHM). Before AHM collapased in 2007 the 1st was sold to some investment pool...