What does a loan modification do to a 80/20 loan?
Well my dad started a loan modification and we have 80/20 loan but we are still getting the statement on our second mortgage. So my question what is the proccess going to do with the second mortgage? The person who is doing this say its being taking care of, but my dad already did this process before and the same thing the person said. Also how do know who owns the mortgage we don’t know since we started to lose our home please help?