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kay to most lisabons soll not offer any amortization longer than 30 years! Explam in detail 17. During the past several years, interest-only mortgages were

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kay to most lisabons soll not offer any amortization longer than 30 years! Explam in detail 17. During the past several years, interest-only mortgages were re-introduced to enable borrowers to qualify for certain purchases. These mortgages have been criticized as being asymmetrical in risk as the mortgagor (the borrower) has no incentive to make payments of the value of their property drops materially. Would a standard amortizing mortgage provide a greater incentive to a borrower to continue making payments? Explain in detail

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