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second mortgage - need advise


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Posted by anon - pa (64.12.96.205) on July 24, 2003 at 18:00:20:

If a second mortgage loan goes into default, can the second mortgage owner foreclose? The first and second mortgage are owned by the same major finance company but are through two different branches. The first mortgage is current. Can someone help? I really do not want to loose my home, but the second mortgage is really upsetting me. Thank you for any advise that you can give me on this matter.


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