12. Many banks offer lines of credit that are secured by a second mortgage (or herl) on...
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12. Many banks offer lines of credit that are secured by a second mortgage (or herl) on real property These loans have been very popular among bank cus-
tomers, Why are homeowners so Willing to pledge their homes as security for these lines credit?
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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