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Icon Mini Profile jconqueror





Joined: 23 Feb 2010

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Post Posted: Tue Feb 23, 2010 11:44 am    Post subject: see below
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if i have an fha insured mortgage and go into default,will they come after me for a deficiency judgement even though the bank is going to get there money back from the government
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

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Location: New Jersey
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Post Posted: Wed Feb 24, 2010 2:35 am    Post subject:
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As your loan is insured, there are chances that the lender will not come after you for the deficient balance. The insurance company will pay it on your behalf. However, the insurance company can charge you for the payment.
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