and my friend doesn't know whether she will dump those

houses for foreclosure or not.

She still could make the payment though. For the 1 million loan, she makes payment of $3000 per month.
And her balance added 70k for the last two years.

所有跟帖: 

how can she pay only 3k per month for 1mil loan ? -大猪头- 给 大猪头 发送悄悄话 (0 bytes) () 06/13/2008 postreply 15:30:55

negative amortization(or option ARM) loan -CaLoanAgent- 给 CaLoanAgent 发送悄悄话 CaLoanAgent 的博客首页 (151 bytes) () 06/13/2008 postreply 15:36:05

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