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The lender can't foreclose if the house loses value. You have to stop making payments before they are allowed to take the collateral. In contrast, if you buy s
by oillio 6y ago
The lender can't foreclose if the house loses value. You have to stop making payments before they are allowed to take the collateral.
In contrast, if you buy stocks on margin, they will forcibly sell your position if the value of the collateral gets anywhere near the loan value.