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My family decided to take a trip from Reno to Las Vegas to see how the real estate market was behavi...
» NV   » Real Estate news02/16/2012
 
The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar...
» HI   » Home buying06/25/2012
 
South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ...
» FL   » Real Estate news03/15/2012
 
The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for...
» MA   » Home selling05/13/2012
 
Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i...
» MA   » Real Estate news11/16/2012
 
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Negative Amortization

When adjustable rate mortgage payments are not sufficient to pay the monthly principal and interest, the deficient amount is added to the original mortgage which causes the outstanding principal balance to increase. Therefore, the amortization is negative instead of positive.

See also:
  • Negative Amortization
  • Nehemiah
  • No Doc Loan
  • Non Conforming Loans
  • Note
  • Notice of Default

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