A home mortgage where the monthly payment is not enough to pay the monthly principal payment is
Question:
A home mortgage where the monthly payment is not enough to pay the monthly principal payment is called
a. Teaser mortgage.
b. NegAm mortgage.
c. Upside-down mortgage.
d. Default mortgage
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Related Book For
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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