Can your second mortgage foreclosure your
house? Here is my question, I have a primary mortgage that is $350,000 and a second mortgage that is $150,000. I tried to get a loan modification but I was not approved because of the value of the house, only $380,000 now.My question is, if I keep on paying the primary mortgage and don't pay the second mortgage what will happen? Can the second mortgage take the house to foreclosure?I'm trying to negotiate with the second mortgage to reduce the payment, but it doesn't look like they will.Any help it would be good.Thank you
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