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In response to
"
Is JackDawson crazy or am I? Do banks forclose or demand more money from loans where the house value drops below the loan amount?
"
by
oblique
I think he's right but only in extreme cases. I can't see the housing market taking another nosedive such that houses are worth half of whattheyarenow -- nm
Posted by
nubby
Feb 20 '09, 13:41
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