Our 2nd mortgage company is suing us for ,000 (the balance on our 2nd after they signed off the lien for the small sale). They have submitted paperwork to attach 25% of our wages until it is paid off? Is their any legal way out of this?
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Hypothetically – if the bank collapsed (unlikely I know) where would my mortgage debt go? – would my house end up defaulting to my ownership?
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Has anyone done this? Also, will this negatively affect your credit score? I would reckon the lender would rather lower your principle balance than face foreclosure.
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This may be a dumb question but do I get the option of extending the fixed term or do I have to start a whole new arrangement? Can I get a whole new mortgage with a different lender or is it best to continue with the current one? Are the rates of mortgages at the [...]
Any recommendations as which bank can give a excellent interest rate for 30 yr fixed.
– with 25% down
– with 790+ fico score
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President Obama announced a sweeping plan to help stabilize housing prices and prevent further foreclosures, in Mesa, Ariz., on Wednesday. Read more…
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