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Reply: 1.1.1.1.1 From: Rolf Latham Hi Mike Reality, ethics (banks remember:O) would more than likely prevent a mass dumping. I should have clarified the point that loans controlled by the consumer credit code (mainly PPOR loans) can not be so harshly operated, but see below Typically...

Reply: 1.1.1 From: Rolf Latham Hi Marina If you check your loan contracts in fine detail, you will find that most of them do actually cover for the eventuality of a drop in the value of the security as deemed by the lender. At this point you would technically be in default of your loan...