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With the emergence of a housing affordability crisis in Australia the new ’shared equity mortgage’ scheme for first home buyers and families is being touted as the new life line for prospective home owners. Rob Donald from Altrust Finance examines the pro’s and con’s of shared equity loans for the first home buyer.
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Now Attorney General Marc Dann alleges Federal Home Loan Mortgage Corp. (Freddie Mac) “secretly and intentionally participated in one of the largest housing investment deceptions in modern U.S. economic times.”…