halfnote19_IHB
New member
<a href="http://www.businessweek.com/magazine/content/09_62/s0902030334832.htm?campaign_id=rss_smlbz">Buy Your Loan Back From the Bank</a>
<blockquote>If you've been making payments on time and aren't in violation of any covenants, you may be able to buy your loan back for 80 cents on the dollar. If the bank has reason to believe you might run into trouble down the road, the price could be as low as 50 cents on the dollar. </blockquote>
They talk about doing this with business loans, do you think it could be done with residential?
<blockquote>If you've been making payments on time and aren't in violation of any covenants, you may be able to buy your loan back for 80 cents on the dollar. If the bank has reason to believe you might run into trouble down the road, the price could be as low as 50 cents on the dollar. </blockquote>
They talk about doing this with business loans, do you think it could be done with residential?