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Also consider using any gift money, work bonus or tax refund to pay down debt. So the fact of the matter is, you have to 16 regulate and prohibit these fees that lenders are 17 paying mortgage brokers, because that's an industry 18 now. In addition, when the balance is about the minimum balance when interest is calculated, interest due is calculated on the current balance. The Johnsons are now in tax audit purgatory and it all could have been easily avoided.
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