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What happens on undisclosed debentures with mortgage companies?
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What happens if someone pays their first mortgage but not their second?
The mortgage companies will end up fighting over the proceeds when your house is sold after foreclosure.
What happens to a mortgage note when the mortgage company files for bankruptcy?
Mortgage notes are considered a company asset and are transferred or sold to other servicing lenders. Most mortgage companies only service loans for investors "fannie mae, Freddie Mac, etc."
If a bank that holds your mortgage fails what happens to that mortgage?
See http://www.fivecentnickel.com/2008/09/22/what-happens-to-your-mortgage-if-your-bank-fails/
What happens to the second mortgage if the first mortgage is sold?
Nothing happens to it. It still remains in second place.
What happens to a mortgage after a bankruptcy?
What happens to a mortgage after bankruptcy depends on whether or not the debt is reaffirmed. If the mortgage is reaffirmed the homeowner continues to pay it as if the bankruptcy had not been filed, since the debt has not been discharged. If the debt is not reaffirmed, what happens to the mortgage depends on the policies of the individual lender.
Can you get a joint mortgage with your grandparent and what happens if she dies can i keep the house and mortgage?
The type of deed will determine what happens to the property after her death. If there is a right of survivorship, you will get the house. The mortgage company determines whether you keep the mortgage or have to refinance.
What happens if payoff 1st mortgage and keep 2nd?
You will then have one mortgage and not two.
What happens if I don't pay my mortgage?
Unfortunately, foreclosure happens.
What happens if you cant pay your dutch mortgage?
what happens if you become unemplyed and wish to reduce your mortgage payments are there any options in holland
If a person left a house in a will with a mortgage payment what happens with the mortgage?
The mortgage has to be resolved. Either it must be sold and the mortgage paid off, or the person inheriting obtains a replacement mortgage.
What happens to your mortgage if your condo is condemned in California?
You can find the answer you want by asking the mortgage holder.
What happens to the second mortgage if the first mortgage is paid off?
you then only have to pay the second
