In this situation the bank made out on the foreclosure-they have covered their unpaid mortgage and legal costs with excess; however this is not the norm these days.

We just closed on our house and got the final settlement (we live in California). The problem is in the settlement, the interest paid to lender (for the remainder of the month, before regular payment kicks in) is calc...

To protect the depositors, the FDIC approved the assumption of all the deposits of Main Street Bank, by Monroe Bank & Trust, Monroe, Michigan.All depositors of Main Street Bank, including any with deposits in excess of the FDIC's insurance limits, will automatically become depositors of Monroe Bank & Trust, and they will continue to have uninterrupted access to their money.

The washer had finished, but water was still going into it, and the bottom, being full, excess water was coming out the still closed and locked door.

Propertyware was going to run in excess of $1200!

The worse your credit is the more likely it is to get pulled excessively making the bureaus more money.

Speculative excesses and growing inequality, he wrote, always destroy the foundation for a continued prosperity.

@William MacBride The excess goes to the borrower, but exactly how that happens probably varies from state to state.

Not saying that I do, but how many people can write off dollar for dollar every gallon of fuel used during the year or dollar spent of automotive purchases and maintenence among other things.

If you use a 30 year, nothing says that the excess cash flow you will have can't go to the principle, thus paying the loan off in 20 years or less.