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A North Texas soldier was surprised with a new home Monday night at the Fort Worth Stock Show and Rodeo. told NBC 5 that he applied for a mortgage loan before Chase Bank and the Military Warriors.
When Countrywide failed, their loan moved to IndyMac Bank. But the feds closed that one down, too, in what was called the second-biggest bank failure in U.S. history. That’s how the Smiths’ mortgage.
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Once the homeowners move or die, the loan must be paid back or the house is. Kara Smith, a HUD-approved reverse mortgage counselor with Housing Opportunities of Fort Worth, said she came across the.