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What do you do when your mortgage company does not include the original 2nd mortgage in with the modification? We are working on a loan modification with our lender. We just found out today that the original 2nd mortgage is getting charged off and was not included in the modification package. What can I do since they never told me the 2nd mortgage was sold to investors and that they can not include it in the modification ? I am a little dumb founded...
By Tina Posted on 04/19/10 Total Answers 1
Answers-
YOU should have asked this question to begin with with your lender. YOU should have made sure that they were both included. Modifications are NOT entitlements, so there is nothing that you can do legally, except back out of the modification completely.
Answer by : Ryan M On Date 2010-04-19 17:38:05

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