Can a second mortgage company foreclose on a house?

Answer The second mortgage company does have the legal right to foreclose but the question is whether or not it is really in their best interest to do so. They would need to be able to pay off the first m... Read More »

Top Q&A For: Can a second mortgage company foreclose on a house

Can you foreclose on a second mortgage?

It is possible to foreclose on a second mortgage. However, the second mortgage is only foreclosing on their position, so the first mortgage and any taxes must be satisfied before the foreclosure sa... Read More »

Can the Bank Who Holds the Second Mortgage Foreclose?

If you fail to make your mortgage payments, your lender (mortgagee) can foreclose, or take possession of your home and sell it to recover the money owed. When you have a second mortgage or home equ... Read More »

Can a home owners association foreclose on a home in Florida without informing the mortgage company?

Foreclosure is a legal process whereby all interested parties are included, or the foreclosure procedure cannot be completed. If you believe that your association is foreclosing on your title, and ... Read More »

How to Make a Mortgage Company Produce the Note on a House to Stop Foreclosure?

When a lender forecloses, it must have evidence of a legal interest in the property. The "note" is the instrument that proves its interest. When bundles of mortgages started to be securitized, it ... Read More »