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Loan cap hurts county

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What? | 2:37 p.m. July 17, 2008
This has to be about the stupidest thing I have ever heard.

"Utah County homeowners may have inadvertently been shortchanged "

No, nobody was shortchanged. A very very small percentage of the population can afford a house over 400K let alone 700K. The fact that Fannie or Freddie, won't buy these loans doesn't stir up any feelings of injustice.



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