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Home loan delinquencies rose to 8.75 percent at the end of September from 8.43 percent at midyear, the Mortgage Bankers Association reported Thursday. More than 270,000 Texas homeowners were behind on.
Texas’s reluctance to embrace home equity loans is well-known; it was not until 1997 that Texas voted, through a ballot initiative, to amend the Texas Constitution to allow such loans. But, when.
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