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Previously interest-only mortgages were mainly combined with an endowment policy designed to pay off the mortgage debt and this was considered a lower cost way of buying a home combined with long-term investment benefits. The Sellers or, if they decline, o The majority holder of the Controlling Class or, if it declines, o The Special Servicers and lastly, the Servicers. You must sign the certification or backup withholding will apply.
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