THIS PAST JANUARY, LISA and JR Falkenhagen opened a letter from Countrywide Financial informing them that, effective immediately, they could no longer withdraw funds from their home-equity line of credit. The reason: a significant decline in their home's value from the appraised value when the loan was made. Lisa, 31, an office manager for a Re/Max real estate agency, and JR, 31, a Web developer, purchased their home in Lynnwood, a suburb of Seattle, in the fall of 2005 for $400,000 with a 20% down payment. A year later, they took out the $80,000 line of credit from Countrywide and immediately tapped $24,000 of it to put a down payment on a ski-resort rental property.
展开▼
机译：过去的1月，LISA和JR Falkenhagen开了Countrywide Financial的一封信，通知他们，从即日起，他们将无法再从房屋净值信贷额度中提取资金。原因是：房屋的价值大大低于贷款时的评估价值。 Re / Max房地产代理公司的办公室经理Lisa和Web开发人员的31岁的JR在2005年秋季以40万美元的价格购买了其在西雅图郊区Lynnwood的房屋，并支付了20％的首付。一年后，他们从Countrywide那里获得了$ 80,000的信用额度，并立即从中获得$ 24,000的信用额度，以支付滑雪度假租赁物业的首付。
展开▼
