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Posts: 155
In response to
"
Yeah, I caught that too. Just because the line item value of your house is less doesn't mean your payments increased. -- nm
"
by
Mop (220 lbs)
could it trigger the bank to call in the loan, based on the declining value of the collateral? -- nm
Posted by
znufrii
Aug 30 '10, 11:04
(No message)
Responses:
No, but she may have to pay PMI now. -- nm
-
ceregon
Aug 30, 11:23
also, obviously affects her abaility to refi on more favorable terms. -- nm
-
znufrii
Aug 30, 11:10
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