Home › Forums › Housing › Short Refinancing of Mortgages › Thanks contraman, it’s good
Thanks contraman, it’s good to hear insider news. Keep it comin’!
Just two questions:
Are the principal reduction refi’s all going to be recourse type loans?
What happens if the FB sells the house once the principal on the loan is reduced to 90% current value? Looks like a quick 10% profit to me.