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anyone ever received a settlement from BOA for their second


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I'm trying to do a settlement on my second lien from BOA, I called and they said they don't do settlements. They only do modifications.

I have a first with WF and is been modified, I haven't been paying on my second for 8 months and it was just purchased from First Franklin to BOA.

I also received an intent to foreclose letter from BOA and don't know how to proceed. My home value has dropped dramatically to the point where it will not pay off the first loan.

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The last post in this topic was posted 4012 days ago. 

 

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