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Monica P asked:

My mortgage broker withheld information that my interest only amount was a teaser rate. After 3 months, went from 2400.00 month to 4100.00. Unreachable. Now in horrible situation, can’t refinance – no equity in this market. He also misrepresented our income and called it “stated”. We did sign the papers but didn’t notice what he had put down as our income. Was almost double. Isn’t there anything we can do?

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