Undisclosed 2nd Mortgage Payments May Be Illegal!

August 8th, 2010 | by admin |
boblachance asked:


On this week’s Preforeclosure “Tip of the Week” we cover the hot topic of whether or not it is legal to give a 2nd mortgage holder more money then a 1st mortgage holder will allow on a short sale transaction and more. preforeclosuredailygrind.com

Braided Fishing Line

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    1. No Responses to “Undisclosed 2nd Mortgage Payments May Be Illegal!”

    2. By boblachance1 on Aug 8, 2010 | Reply

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      An opinion love the feedback good or bad have great day.
      The feedback good or bad have great about this country everybody has an opinion love the feedback good or bad have great day.

    3. By callpaulw on Aug 9, 2010 | Reply

      WHAT are you guys, wasted?

      I normally like you guys, but re-read what you read from CAR. They are discussing that it may be illegal (it hasn’t gone to trial, so no one has challenged the law, hence “may”) if it is UNDISCLOSED.

      You rant on and on about how ridiculous it is and then, in the very next breath, you say that you “always, always” disclose this to the 1st lender and PUT IT ON THE HUD!

      Guys, that’s DISCLOSING it!

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