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Articles about mortgage banking (0-50 of 1000)

  • Why Hire A Mortgage Broker?
    By: Darin Ghaffari | - A mortgage broker may represent an individual or a business. He becomes responsible for selling the products specifically mortgage loans of these individuals and businesses. The tasks of mortgage brokers may actually vary depending on the area or enterprise where they are working. Despite differences however, one thing is certain. These experts will help you with all your concerns regarding debt. Whether you want an existing loan refinanced with lower mortgage rates or if you need a new ...
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  • Benefits Of Personal Banking In Minnesota
    By: Alex Rudgliani | - Personal banking can be an important part of managing your money and reaching your financial goals. Minnesota banks offer a number of solutions that can help you no matter what your financial needs might be.

    Checking accounts are an easy way to keep your money safe. These accounts allow you to withdraw money either through a paper check or instantaneously using a debit card. With the integration of online banking, there is also an option to go paperless, using a computer to check ...

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  • Need Some Tips On Qualifying For A Canada Mortgage?
    By: Rudy Silva | - Many people who are looking for a mortgage loan may think that they can only get it at an official Canadian bank. The truth is, there are only 5 major banks in Canada while there are over 70 lenders that can provide you with many choices.

    The banks want to keep this a secret. As a matter of fact, the mortgage rates that lenders offer are far more competitive than those at most major banks such as BMO, CIBC, RBC, TD and Scotia. While consumers do not enjoy the lenders mortgage rat ...

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  • Your Best Mortgage Has Many Features To Consider
    By: David Nalin | - The best mortgage suiting your personal needs will have features that make the deal an attractive one. There are several separate features available if looking to reduce loan interest or seeking a discounted interest rate. You may look for a loan to combine all your accounts into one or seek making additional repayments to clear your home loan quickly. You can also link a savings account to your best mortgage choice.

    Offset Account
    Perhaps the best mortgage advice is to set u ...

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  • Some Tips On Selling An Income-producing Note
    By: Art Gib | - Do you need to free up some cash from an asset, like a mortgage, lottery payments or court awards? A quick way to turn an asset that pays out over time into cash in hand is to sell it. Did you know there are companies that will buy your income producing notes today and give you the usability of that money? You might have seen ads for these companies on television, in the newspaper, and now on the internet.

    If you have a mortgage that you own and are receiving payments on, it might ...

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  • Tips For Tracking Mortgage Rates
    By: loan11 | - If the recession has taught homeowners and those looking to buy a home anything, it is that tracking mortgage rates is an important part of home ownership. Most have learned that mortgage rates do not stat the same over a span of months. In fact, mortgage rates are volatile and can fluctuate weekly. If you are a homeowner or interested in purchasing a home soon, here are a few tips to help you track mortgage rates.

    First things first, in order to track mortgage rates it helps to ...

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  • Tips For Finding Affordable Mortgage Rates
    By: loan11 | - Buying a house is a big deal it is, for most people, the largest dollar purchase theyll make in their lives. Regardless of whether youre buying your first house or your fiftieth, the most important thing about buying a house is getting an affordable mortgage rate. The mortgage rate that you get could make or break the purchase of your home a high mortgage rate could lower the amount of money you can spend on a house, therefore lowering the range of houses you can look at purchasing ...
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  • How To Manage The Customer And Get The Deal Closed
    By: Loan System | - One of the toughest things as a loan officer to do is to know when to keep or kill a deal. Of course, we all want as much business as we can handle. But, spending time on loans that dont close, wastes more time and leaves you with nothing to show for it. Not to mention, the good deals suffer and youre out your commission!

    Knowing when to give-up on a loan is just as important as knowing how to get the loan to the closing table. Here are some suggestions on how to ma ...

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  • Thoughts To Steer By On Your Way To Success As A Loan Officer
    By: Loan System | - What sets one loan officer apart from another? And how do some people become top producers in their office, while others slowly squeak by? Surely, we all have the same amount of time, resources, and intelligence (debatable?!) available to us.

    So why do some loan officers fail, while others succeed? Here are some points to remember which will help ensure your success

    Take control. Stay on top of things and be sure monitor your loans as they progress on th ...

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  • How To Approach Internet Mortgage Leads
    By: Loan System | - One question I get a lot from subscribers is How do I approach Internet mortgage leads? As you may already know, I generate 90% of my business directly from these types of leads and have found them a great resource for several reasons:

    When you call people, they are ready to buy.
    People will take your calls and even return your messages, because they actually inputted the lead and it is not a cold call.
    You can begin pricing the loan out before you mak ...

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  • Ten Ways To Generate Sub-prime And Purchase Leads
    By: Loan System | - No matter what the market environment, it is important to generate business from a variety of sources--both traditional and non-traditional. We all know that the refinance boom could end at any time, but how many of us are adequately prepared? How many of us are positioned properly to maintain our current standard of living? Would you be forced to leave the industry, if rates rose rapidly? These are questions worth looking at.

    If the refi-boom suddenly came to an end, your phone ...

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  • Mortgage Rates Continue To Fall
    By: Ki Gray | - Mortgage Rates Fell yet again this week. The 30 year fell from 5.04 to 4.94. This marks the 5th week in a row where mortgage rates have either fallen or held steady. For the most part rates have been slowly falling. In fact this week accounts for half of the total fall in the last five weeks. So how does 4.94 look in a historical context. It is the lowest rate we have seen since May 28th. More importantly though it is lower than any rate we have seen prior to March 26, 2009 in the 40 year ...
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  • Mortgage Rates Remain At Summer Lows
    By: Ki Gray | - Mortgage rates remained steady this week. The 30 year again was at 5.04 which is a low for the summer. The other mortgage products remained relatively stable this week except for the 1 year arm which fell from 4.58 to 4.52. Below are rates for the last few weeks. As we can see overall for the last month rates have been steadily falling. But overall the movement has been very small with 30 year rates only dropping 1/10 of a point in the last month.

    Sep 24, 2009
    30-yr ...

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  • Why Diy Mortgage Modification Loans Can Be Dangerous
    By: Christine Harrell | - After the recent meltdown of the housing industry and the economic downturn, many homeowners are saddled with mortgages they don't understand and can't afford. As one of those homeowners, you might have heard about mortgage modification loans and their benefits. You might have talked to neighbors, friends, or family members about how to modify a mortgage loan and wonder if it's the right move for you. Heavily burdened homeowners who are suffering with a mortgage with a high rate of interest are ...
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  • What A Mortgage Lender Can Do For You
    By: JermF | - At best, your mortgage lender can make your home buying experience as smooth as silk. A sloppy mortgage lender, on the other hand, can cost you the chance to buy the house of your dreams, or worse, leave you in the lurch without a house to call home. Just imagine the devastation that ensues when a lender fails to close an approved loan within a specified time window, and you lose the house you bid on. Unfortunately, these kinds of mishaps arent uncommon. If you thought that the only role ...
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  • Social Web Results
  • Mortgage Fraud: Mortgage Fraud Cases Continue And May Include Current Lender Shared By: Glink - Summary: Mortgage Fraud Cases Continue And May Include Current Lender If you find that documents you signed have been altered, you may be the victim...

  • CNN Political Ticker: All politics, all the time Blog Archive - Companies, government pushed on mortgage program « -... Shared By: politicalticker - In an attempt to dramatically raise the number of homeowners whose mortgages are permanently revised, the government last week announced new steps to...

  • Lawmakers Impatient With Obama Mortgage Plan Shared By: DNCDUDES - Under the program, eligible borrowers who are behind or at risk of default can have their mortgage interest rate reduced to as low as 2 percent for...

  • Klein, Committee Examine Solutions for Mortgage Crisis | Florida RealEstateRama Shared By: HSAFunding - <p>Washington, D.C. - December 8, 2009 - (RealEstateRama) —... House Financial Services Committee seeking solutions to the current mortgage crisis.

  • Lawmakers push banks to improve mortgage modification plan - Dec. 8, 2009 Shared By: barbaramorrocco - Executives for mortgage companies and government officials faced an angry congressional committee Tuesday concerning some of the problems with the...

  • JPMorgan CEO: Bank Sees More Mortgage Losses Shared By: emelybarnes87 - Nearly all banks have faced rising losses tied to souring mortgage debt. JPMorgan could see losses on home equity loans reaching $1.4 billion over the...

  • TRANSPARENT REAL ESTATE: Be a part of the Mortgage Revolution Shared By: pkitano - Since graduating from Cal Berkeley (Geophysics) and Columbia University (MBA),... - films, investment banking, internet technology and real estate.

  • Lawyers Had Called For Investigation Into Defunct Mortgage Firm - Money Shared By: WMUR9 - MEREDITH, N.H. -- New questions are being raised about a closed Meredith mortgage company and the agencies that are responsible for regulating loans.

  • Obama’s Mortgage Relief Plan Far Behind Target - NYTimes.com Shared By: nytimesnational - WASHINGTON (AP) — Only one in three homeowners who have signed up for the Obama administration’s mortgage relief plan have sent back the necessary...

  • Mortgage rates up at BNZ - Business Shared By: RepeatProperty - Westpac currently has the lowest six month mortgage rate on offer out of the main banks at 5.49 per cent. HSBC is also offering this rate, but...


  • Facilities In Online Banking Ma
    By: sanjay | - Talking about conventional banking in Massachusetts or any other place in the country, you can already imagine the queue and long and tedious procedures. However, most banks now allow their customers to do their banking on the internet.

    The long queue and waiting for your turn patiently, having to remove some separate time in the day to manage your money matter and bill payments etc., that was then. Today most banks in developing and developed countries allow their customers to do ...

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  • Are Homeowner Loans And Mortgage Loans The Same?
    By: Daniel Millions | - They are definitely not the same. They share some traits, but they are not the same, so we must not confuse them. It is surprising how straightforward it is to take a name for granted and believe it implies something it actually doesn't. In these lines we're going to state the differences very clearly.

    It is Very simple

    A mortgage loan is a loan granted to the borrower so that he can buy the property, using the house that's purchased as security, or security towar ...

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  • Where To Find The Best Mortgage Deals
    By: KoZ | - Are best mortgage deals hiding? Thousands of people will apply for a mortgage today, and most will have gotten a mortgage at premium rates. But what about the best mortgage deals? Can this article that you read for free really allow you to save thousands? Let's find out and make savings!

    There are many methods to save and find best mortgage deals. Most people however will go through the easiest routes. The biggest route is that of going to the bank. However, this method is by far th ...

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  • Providing Financing For Your Mortgage
    By: Amy Nutt | - Selecting the best mortgage is as important as purchasing the house. There are a number of considerations that one can take into account before choosing a mortgage. First, you have to assess your personal financial situation. Lenders look at a number of factors such as your credit rating and job stability. With your job, you have to make sure that you can make the monthly mortgage repayments. As well, the lender will require such information as pay stubs, W-2 forms, and tax returns. When you app ...
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  • When Is The Best Time To Refinance Your Mortgage?
    By: Amy Nutt | - During these difficult economic times, homeowners have been having a tough time making mortgage payments. Much of the difficulties are due to an increase in job losses and high health care costs. Because of the increased number of home foreclosures, the government and lenders are now offering great refinance deals to keep people in their homes. This may be the best time to refinance your mortgage.

    Deciding if it is the best time to refinance your mortgage depends on your current ...

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  • What Do Home Appraisers Look For When Doing An Appraisal For A Mortgage Refinance
    By: Amy Nutt | - When undergoing a mortgage refinance, one step in the process is acquiring an appraisal of your home. An appraisal is a written estimate of the market value of your property. Mortgage lenders will use an appraisal to determine the amount one qualifies for the mortgage. The appraisal will also establish how much equity there is in a home. It gives an estimate of the price that can be obtained by selling the property. An appraisal is a necessary step when refinancing existing mortgage because it a ...
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  • What Exactly Is Online Banking?
    By: Amy Nutt | - To put it simply, online banking is the banking of the future. It is how people can handle all of their banking needs right from their computer without ever having to get up to go to the bank. The services can be accessed at anytime and most banks will have all of their features available online plus some that may not be offered in their physical locations. Online banking provides convenience without adding any risk factors.

    Signing up for online banking with your bank lets you se ...

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  • Importance Of Mortgage Loans For People In Usa
    By: Bryan Williamz | - Why US People Need Mortgage Loans?

    Mortgage loan rates are once again in a very good position, so before the Federal Reserve declares another mortgage rate riserefinance right now!
    ARMs are causing trouble for many people in The USA, as they are making higher monthly payments for a home that will be of quite a low value in future. The only good way to avoid this reset of mortgage rate is to consider refinancing.
    In some cases mortgage refinancing, i.e. F ...

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  • The Best Secured Loan Available: Mortgage Loan
    By: Dominique Audibert | - The less rate of interest and long repayment period make the mortgage loans popular among those who go intends to purchase houses. The secured nature of mortgage loans makes the loan processing a less complicated one when compared to the personal loans that do not furnish any security for the banks.


    Mortgage loans will be the best option for a person who thinks of purchasing a building or a property with the help of a financial institution like a bank. when compared to pe ...

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  • Mortgage Modification Questions
    By: pompapah | - Mortgage Modification Questions

    I spent quite some time surfing the web to find the questions about getting a mortgage loan modification. By far the two biggest issues were why they take so long; and why there are so many crooks out there. I answered both those issues in my first article.
    You can get the general answers at the site listed below.

    Here, I publish the other frequent questions Ive seen. For anyone who has confidence in the mortgage modif ...

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  • Lowering Your Monthly Mortgage Payment Through A Bank Loan Modification - A Do It Yourself Guide
    By: John C | - The purpose of a loan modification is to help a homeowner who is having trouble paying their monthly mortgage. With the current state of the economy, more and more homeowners are finding it difficult to make their payments. Americans are facing difficult times with unemployment rates at their highest since 1983. There are also a lot of Adjustable Rate Mortgages (ARM's) resetting at an alarming rate. These are mortgages that started out at a low teaser rate for 2 to 3 years, and then adjusted upw ...
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  • Mortgage Leads, For The Professional Loan Officer
    By: ja | - If you are a loan officer that continues to make a living in today's economic climate, than you are considered to be a true professional, a good sales person, and more than likely you are someone with the vision good enough to anticipate the ups and downs in the mortgage industry.

    Anticipating what is coming next in any industry not just the mortgage industry is critical when it comes to surviving in your profession.

    A lot must go into surviving a down market and it ...

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  • Mortgage Leads, Where To Begin
    By: ja | - If you are considering investing your hard earned money with a mortgage lead company, or you are switching lead companies because you have gone through the pain of seeing your money go down the drain, here is a good place to begin.

    Before you take that leap of faith with a lead company, take a step back and reexamine exactly what it is you are looking for from a lead company.

    You should be looking for the exact same thing that you would expect from any other reputab ...

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  • Reverse Mortgage... A Lifeline For Seniors During Recession
    By: Michael Branson | - Regardless of which economist you listen to, no one disagrees with the fact that we are in a recession. It seems that the only argument now is how long it will last and what is the best way to get out of it. Millions of American families faced with the uncertainty of the economy and the steps being taken to stimulate it, coupled with the falling stock market, are left drowning in a sea of doubt.

    Even those who saved their whole lives and thought they were in a good position for ...

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  • Mortgage Leads, Choosing The Best Option
    By: ja | - When it comes to buying mortgage leads, there are many good companies out there for you to research, and many avenues to travel down when considering which lead type will work best for you.

    While working as a loan officer, I dealt with my fair share of mortgage lead companies. Along the way, I bought my leads in bulk, I bought them fresh, and I bought them with a live transfer.

    Researching lead companies is an important aspect when deciding to invest in one, but let ...

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  • What Exactly Is A Mortgage Broker And Why Should I Use One?
    By: Jim Thornton | - Are you undecided about using the services of a mortgage broker or sceptical as to what a mortgage broker can do for you? The purpose of this article is to clarify the many advantages and benefits you will receive when using the services provided by mortgage brokers in Canada. I am optimistic that after reading this article Canadians will have a much better understanding about the services provided by a mortgage broker, and will consider using a mortgage broker for their mortgage financing need ...
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  • Reverse Mortgage Rates... Margins Rise Again
    By: Michael Branson | - I always have people asking me which option is better, a fixed rate or an adjustable rate for their reverse mortgage. Both have benefits and both have drawbacks. And what about now while the margins keep moving and since lenders just announced another round of margin increases.

    The answer I give the person asking the question is invariably the one that is right for YOU. And then we start to discuss their personal goals and what they intend to do with their reverse mortgage. But e ...

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  • Is The Reverse Mortgage Right For You?
    By: Michael Branson | - "I don't think a reverse mortgage is for me, I planned for my retirement!" Does this sound like something you are thinking or have thought? Then you are not alone.

    We have had so many borrowers tell us that they thought they had planned adequately for their retirement and never thought they would need a reverse mortgage. Some even felt embarrassment or shame that the retirement plans they had so carefully made were coming unraveled.

    It's not your fault that borrow ...

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  • A Reverse Mortgage Is.. Definitely Not For Everyone!
    By: Michael Branson | - It may surprise you to hear a reverse mortgage lender saying this but it is true. The loan is intended to be the last loan you will ever need and not a short term financial instrument.

    Borrowers looking for a short term loan may be better suited for a different type of financing as reverse mortgages require mortgage insurance, origination fees and third-party fees that all must be paid up-front making the loan impractical for a short term solution.

    However, for th ...

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  • Understanding The Basics Of Second Mortgage Loans
    By: Anjitha Sakthidharan | - A second mortgage normally refers to a secured loan that is subordinate to another loan against the same property. A property can have multiple loans or against it. The loan which is registered with county or city registry first is called the first mortgage. The loan registered second is called the second mortgage.

    Second mortgage repayment terms can vary considerably, so it is important that you look around for the one that is best for you. For the most part they range in length ...

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  • Contractors Group Warns Government Over Umbrella Company Expenses
    By: Gerry | - Tax Relief

    The Professional Contractors Group (PCG), which represents the UK's freelancers, has warned the Government against "heavy-handed action" which would remove tax relief on expenses.

    The warning particularly concerns freelancers who work through 'umbrella companies' which oversee the offering of a number of freelancers' services on large or long-term contracts.

    "The PCG supports the presence of umbrella companies in the marketplace," said the ...

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  • Realtors & Mortgage Brokers How's Your Net Income Looking For 2008?
    By: Patricia Winston | - How's the Market?

    How is your personal real estate business? Is your phone ringing like it did when your business was at its peak? Maybe you're on the mortgage side of the marketplace is your phone ringing like it used to?

    I hate it when the buying cycle heads downhill due to forces beyond my control. I'm always ready to go at a moments notice and the phone stops ringing for days then weeks at a time. Here comes that down feeling and I don ...

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  • Crisis In The Mortgage Industry
    By: Ed Culin | - It was announced yesterday that New Century Mortgage is not accepting new loan application from it's mortgage broker network. This is continuation of the deterioration of the non-confirming or Sub-prime mortgage business. Numerous companies have fallen in this industry in the past several months. This is an indication of serious problems ahead for the mortgage, banking and real estate industries. The industry is facing increases in mortgage delinquency and in the number of foreclosed homes it is ...
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  • The Ultimate Debt Consolidation Refinance
    By: Tristan Hunt | - This week, I'd like to share some customer experiences with one of the most popular new strategies in debt consolidation refinance. Over the last few months, a select few in the mortgage banking industry have developed programs which allow borrowers to accomplish the 3 greatest goals of debt consolidation: Get Cash to Pay Off High Interest Debt, Lower the Overall Monthly Minimum Payment, and Boost Cash Flow to allow borrowers to save up money in a short amount of time. The benefits are nearly in ...
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  • Ohio Mortgage Loans And Financing
    By: Keith George | - When Should You Refinance Your Mortgage? There are two primary reasons to refinance a mortgage: to get a more desirable rate and terms or to extract cash from the home's equity. Both of these reasons can of course also be fulfilled!

    Rate-and-term refinancing

    Rate-and-term refinancing pays off one loan with the proceeds from the new loan, using the same property as collateral. This type of loan allows you to take advantage of lower interest rates or shorten the term ...

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  • Ohio Mortgage Loans And Financing
    By: Louise Wasa | - When Should You Refinance Your Mortgage? There are two primary reasons to refinance a mortgage: to get a more desirable rate and terms or to extract cash from the home's equity. Both of these reasons can of course also be fulfilled!

    Rate-and-term refinancing

    Rate-and-term refinancing pays off one loan with the proceeds from the new loan, using the same property as collateral. This type of loan allows you to take advantage of lower interest rates or shorten the term ...

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  • Achieving Financial Freedom: Refinance To A 15 Year Mortgage
    By: dave4 | - Interest rates are rising. News reports tell of increasing home sales and mortgage foreclosures. You're financially stable, but are keeping an eye on interest rates. A great way to save money on interest is to refinance to a 15 year mortgage. Of course, your payments will be higher, but in the long run, you will a considerable amount of money on interest. .

    Loan Term Determines Interest Savings

    If you've had your home for a few years, and want to refinance a 15 yea ...

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