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Strategic default underwater loan Paul Krugmannegative equity loan negative equityCole&Morse Brent T. White Brent T. White City Journal underwater loan negative equity loan(underwater loan)(strategic

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What is underwater loan?

An underwater loan is a situation where the balance owed on a loan is higher than the current value of the asset securing the loan.

Who is required to file underwater loan?

Individuals or businesses who are in a situation where their loan balance exceeds the value of the collateral are required to report an underwater loan.

How to fill out underwater loan?

To fill out an underwater loan, individuals or businesses must provide detailed information about the loan amount, collateral value, and any other relevant financial information.

What is the purpose of underwater loan?

The purpose of reporting an underwater loan is to provide transparency about the financial situation of an individual or business.

What information must be reported on underwater loan?

The information that must be reported on an underwater loan includes the loan amount, collateral value, and any other relevant financial details.

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