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obvious practical reason is that lenders typically foreclose as a last resort, and homeowners are broke and have little prospect of every consolidation quote the loan. And thanks to double-digit increases in real estate values, homes generally fetch enough to cover consolidation quote mortgage anyway. In addition, lenders are hesitant to seek judicial foreclosures because they're time-consuming, expensive and ultimately leave the outcome in the hands of a judge. package loan participation mortgage reverse mortgage repayment mortgage But that reluctance could wane if home values tank and foreclosures rise, some experts say. ``If property values go down consolidation quote 20 percent, then everyone would be thinking about this,'' UCLA's Nelson said. Lenders are likely to find that the threat of a judicial foreclosure is more powerful under the tighter bankruptcy rules that take effect today. Under the previous rules, borrowers could threaten to file for Chapter 7 bankruptcy protection and erase a consolidation quote along with credit-card bills and other
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