Sunday, June 29, 2014

USA Housing: Bank"s attitude toward struggling loanowners toughening as prices rise

In any negotiation the options of the parties determines the strength of their bargaining position. Ordinarily, when a lender and a borrower execute a promissory note and a mortgage agreement, the lender has most of the power, which is why they determine the terms of the agreement. The only...
Bank"s attitude toward struggling loanowners toughening as prices rise

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