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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'd think with as much property that is underwater right now, value-wise, they'd be ridiculous to actually do so.

Posted by znufrii, unpatriotic (aka znufrii) Feb 20 '09, 13:41
I don't know if they have the contractual right to or not.

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