2nd mortgage Foreclosure: How long is the delay to put it on your credit?

September 27, 2009 by admin  
Filed under Questions and Answers

mortgage
hruss7 asked:


We paid off a 2nd mortgageforeclosure before it went through. We continued to pay on our first mortgage with no problem. The attempted forclosure was not on our credit report until we refinanced with a new mortgage company. Is this fair? It looks suspicious that it only appeared on our credit after we refinanced with a new company. We understand that business is business but it seems that they were fine with everything until we pulled our mortgage from them and went with another company.

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What happens to the second mortgage when the first mortgage forecloses?

June 21, 2007 by admin  
Filed under Questions and Answers

mortgage
Painted Jezebel asked:


I am going through a foreclosure on my first mortgage, what are my options with dealing with the second mortgage? Any legitimate websites with guides for dealing with the aftermath of foreclosure would also be appreciated.

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