what happens to people with super lines of credit for their mortgage? ie... i am on Manulife 1 and my home was appraised for my credit line in early 2008. Will Manulife adjust my credit limit if in fact there is another 15% market correction?
also, can they pull my mortgage if they know i was laid off? We are meeting all our obligations for the interest, but the loan was based on my income and now i dont have one.
anyone know?
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