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  1. Yes, once they filed the Lis Pendis, the foreclosure process started and they are reporting correctly.
  2. Did you call their bluff? No. At some point things will shake out and they will foreclose. You're not getting the house for free.
  3. If you're asking the question, you already know the answer, plus you've lost any claim for plausible deniability. Why didn't you just take the money you sucked out from the equity line and just pay the judgement? It ain't going anywhere.
  4. Why would they punt? They've tried to work with you within their guidelines and a deal can't be made. The sales been scheduled and it's time to cut their losses.
  5. Because the 1st mortgage holder played ball and modified the mortgage, the 2nd is trying to over-play their hand. Since the mortgages were discharged in bankruptcy, I'd be thrilled if the 2nd tried to make any sort of new report .
  6. If the 1st Mortgage is current, what, practically speaking, can the 2nd do if you fall behind? In order to foreclose, don't the have to buy out the 1st? If they were to sue to foreclose, the 1st would still be the upset bidder at the sheriffs sale, eliminating the 2nd's interests. so what is their real leverage?
  7. My thought is bankruptcy only erases the indebtedness. Their right to the security continues in perpetuity.
  8. I have a TD second mortgage. My first is in foreclosure and I am nearing a deal with the 1st mortgage holder. I have been trying to contact TD to work out the second, which would be extinguished should the 1st mortgage holder foreclose (and TD would get nothing as they've already defaulted on the foreclosure complaint.) but am having no success getting anybody to speak to me. Does anybody have any numbers for a live loss mit person or any suggestions on how to proceed? T.I.A

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