SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: SeaViewer who wrote (59249)1/18/2001 12:36:08 PM
From: Oblomov  Respond to of 436258
 
I though that negative amortization loans were only allowed by banks in extreme circumstances, such as a recession.



To: SeaViewer who wrote (59249)1/18/2001 12:53:20 PM
From: Earlie  Read Replies (2) | Respond to of 436258
 
Jeff:

Good luck to them.

I actually know folks in the U.S. who have "walked" on their mortgaged homes already. As the R.E. values come down and they can't sell for anything but a loss, they just take a hike.

Best, Earlie


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News