Re: Can a secondary lender making foreclose on a home?

Posted by fp on January 28, 2009 at 17:37:03:

In Reply to: Can a secondary lender making foreclose on a home? posted by Tom on January 28, 2009 at 11:19:21:

If the property lacks equity, the 2nd mortgagee may be better off suing on the note, rather than foreclose.

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