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The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar...
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A recent headline on the Good.is. website, "Can a Font Help a City Make a Comeback?," sounds simulta...
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The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for...
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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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