% liens will take to settle versus seller BK? - Short Sale Superstars2024-03-28T09:25:36Zhttp://shortsalesuperstars.com/forum/topics/liens-will-take-to-settle-versus-seller-bk?commentId=3468065%3AComment%3A389317&xg_source=activity&feed=yes&xn_auth=noFHLMC does not allow monies t…tag:shortsalesuperstars.com,2017-10-02:3468065:Comment:3893172017-10-02T15:33:08.160ZBrett Goldsmithhttp://shortsalesuperstars.com/profile/BrettGoldsmith
<p>FHLMC does not allow monies to show on the settlement statement to subordinate liens from contributions. They generally will allow up to 6,000 to subordinate mortgage liens. This puts all parties in an unfavorable position when there is a judgment or when a subordinate lien does not want to take FHLMC's cap payoff to subordinate liens.</p>
<p>FHLMC does not allow monies to show on the settlement statement to subordinate liens from contributions. They generally will allow up to 6,000 to subordinate mortgage liens. This puts all parties in an unfavorable position when there is a judgment or when a subordinate lien does not want to take FHLMC's cap payoff to subordinate liens.</p>