http://housinglotonline.com/first-mortgage-foreclosure-vs-second-mortgage-foreclosure/ Foreclosure Process, Short Sales and Mortgage News Resource Sun, 24 May 2009 16:54:22 +0000 hourly 1 http://housinglotonline.com/first-mortgage-foreclosure-vs-second-mortgage-foreclosure/comment-page-1/#comment-292 Understanding Foreclosure to Prevent it | Housing Lot Online Fri, 13 Feb 2009 02:19:46 +0000 http://housinglotonline.com/?p=429#comment-292 [...] don’t happen right away.  The foreclosure process can take several months depending on your [...] [...] don’t happen right away.  The foreclosure process can take several months depending on your [...]

]]> http://housinglotonline.com/first-mortgage-foreclosure-vs-second-mortgage-foreclosure/comment-page-1/#comment-275 Can’t Afford 20 Percent Down? | Housing Lot Online Fri, 30 Jan 2009 02:09:09 +0000 http://housinglotonline.com/?p=429#comment-275 [...] cannot afford the standard 20% down. They are really two loans, the first loan covers 80% and the second loan helps with the down payment and will usually have a higher interest rate. The payment should be [...] [...] cannot afford the standard 20% down. They are really two loans, the first loan covers 80% and the second loan helps with the down payment and will usually have a higher interest rate. The payment should be [...]

]]> http://housinglotonline.com/first-mortgage-foreclosure-vs-second-mortgage-foreclosure/comment-page-1/#comment-274 Mortgage Modifications are Harder than they Appear | Housing Lot Online Fri, 30 Jan 2009 02:08:49 +0000 http://housinglotonline.com/?p=429#comment-274 [...] primary mortgage, the HELOC owner’s default behavior would be to veto a short sale, as the second lien holder would not receive anything.  If the short sale is better than foreclosing the primary mortgage [...] [...] primary mortgage, the HELOC owner’s default behavior would be to veto a short sale, as the second lien holder would not receive anything.  If the short sale is better than foreclosing the primary mortgage [...]

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