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Re:Millions of Americans skipping payments as wave of defaul... by oillio on Wednesday June 03, 2020 @09:34PM (#23411354)
The lender can't foreclose if the house loses value. You have to stop making payments before they are allowed to take the collateral.

In contrast, if you buy stocks on margin, they will forcibly sell your position if the value of the collateral gets anywhere near the loan value.

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