I have a purchase money 2nd loan that has foreclosed. The first mortgage ran the foreclosure and there was nothing left for us. My question is is there is still some recourse on the 2nd mortgage or does it fall into the non recourse category
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I have a purchase money 2nd loan that has foreclosed. The first mortgage ran the foreclosure and there was nothing left for us. My question is is there is still some recourse on the 2nd mortgage or does it fall into the non recourse category
Hello l:
I can tell you've got a big problem, but I can't tell what it is. Please explain again what the problem is.
excon
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