Posts tagged as: second mortgage

What Happens to Second Mortgage After Foreclosure on the First?

Mortgage

What`s going to happen when they sell off the home? Will the sheriff come and keep all my possessions if I`m still there in the property? I`m so upset, I could have used the $1000 towards the first mortgage instead of paying XYZ. What do you suggest now?

Loan Modification For Second Loans With Obama’s Federal Program

By Susan V. Gregory Homeowners facing financial hardship may qualify for help on their second mortgages with the federal loan modification plan enacted by President Obama.  The very aggressive loan workout program is aimed at reducing mortgage payments so that borrowers can avoid foreclosure and stay in their homes.  This plan is extended to include [...]

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