Replies to post #700263 on Mr Cooper Group Inc (COOP)

[GO4AWILDRIDE]

lodas

This is what you stated:
I can assure you that if the equity in your mortgage falls below the value of your home, the banks, or lending agencies will foreclose on it... Lodas

Backtracking is not acceptable I expect you to own up to your mistake in your original post and admit you were wrong in your statement


You posted as if it were fact when we know you were wrong so admit it

GO4AWILDRIDE.

[jhdf51]

Praise God lodas and here's to escrow payment! Merry Christmas!

JHD

[LexTrader]

The only time that becomes widespread is when there are a lot of ARM mortgages. Most, even now are at fixed rates much lower than current, and no matter if they lose 20-30, even 40% of appraised value, if the borrower is able to make payments on the mortgage, they will, in hopes the market value returns