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Here is another example of outrageous pay out penalties charged by the banks. Click here for the CTV News piece.  I am not making this stuff up. Last year this…

Where do you go to get a home equity loan? Most of the time, it would be from a private lender. The banks would like to call their loans home…

These two terms seem to be confusing some people. Some people seem to think they are the same thing. They are not. The terms describe different attributes of the mortgage…