Mortgage Foreclosure Washington State, 1st and 2nd Mortgage both with Countrywide?
I hold a mortgage on a home in Washington State and I am no longer able to afford my payments. I can not afford to sell the house as the loan to value is upside down. The 1st and 2nd mortgage are both with Countrywide mortgage. What am I up against? Does the lender have the right to sue on the note in Washington State? Can they legally take away my non-exempt assets? Has anyone had experience dealing with a foreclosure in Washington State. Any information on dealing with Countrywide mortgage would be particularly helpful. Thanks in advance!