It occurs when a principal balance on a mortgage loan increases because the monthly loan payment is lower than the amoun
Posted: Thu Jul 21, 2022 8:56 pm
It occurs when a principal balance on a mortgage loan increases because the monthly loan payment is lower than the amount of monthly interest being charged.
What is it?
A. Negative amortization
B. Positive amortization
C. Amortization imbalance
D. Payment gap
What is it?
A. Negative amortization
B. Positive amortization
C. Amortization imbalance
D. Payment gap