All Discussions Tagged '2nd' (18)

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How to Avoid 2nd Second Loan Being Charged Off & Sent to Recovery - Collections?

Hi   I was wondering if there is a black and white answer to this question? Of course, the 2nd lender would like to receive their full paym…

Started by Sara Mehrpouyan Los Angeles CDPE

4 Sep 14, 2011
Reply by Holly B. Long

Fannie Mae Limits Max Contribution to Junior Lien for non-HAFA?

I am working on a short sale where PNC mortgage has both the 1st and the 2nd -- completely different negotiators.  1st is owned by Fannie M…

Started by Barbara Thomas

4 Jun 27, 2011
Reply by Linda Susan Fox

GMAC (2nd) wants more than first (Litton) will pay them. What next?

Hello everyone,   I represent the buyers on a short sale.  Litton holds the first mortgage, and has approved our offer of $310,000.  Litton…

Started by Melissa Brown

1 Jun 22, 2011
Reply by Bryant Tutas

Can use some advice in Negotiating with Ascension Capital Group?

This is my first file with Ascension Capital Group. They are asking for $12K on a $80 HELOC.... the seller has included them in a BK and Ch…

Started by Janet Kleen

0 Jun 7, 2011

Are you finding the second mortgage companies harder to deal with

I don't know if I am just on a streak or is everyone noticing the second mortgage companies being tougher?  I am having a few 2nd mortgage…

Started by Kevin Vitali

4 Apr 28, 2011
Reply by Brian Avery

Are Equity Lines Considered a 2nd Mortgage

I heard different opinions on this.  What are your thoughts?

Started by Marion Webb

4 Feb 17, 2011
Reply by Steve Early

Collection Companies - Life after a "Charge Off"... Getting a Second Released

I'm curious, has anyone in Short Sale Superstars had an experience with:  A.) Client making a "token payment" to a collection company to r…

Started by Michael Ackerman, CRS, SFR,

3 Jan 6, 2011
Reply by Michael Ackerman, CRS, SFR,

Buyer to contribute to 2nd Lienholder - Does location on HUD matter?

Okay, so it's established that if the buyer is going to contribute to the second to get them to release their lien, it must be on the HUD.…

Started by Sean Crosier

9 Aug 31, 2010
Reply by Sean Crosier

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