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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Riddle me this... Posted by Rick on February 20, 2004 at 10:04 AM Called 2nd mortgage co. to buy 35k HELOC. They said they aren't selling notes at this time, and it's mgmt decision…they are aware that if the 1st forecloses they get wiped, but he couldn't explain why they don't care. Sale is early March. If there's no equity to cover their position at the sale, and they aren't reinstating the first themselves, why would they not entertain offers to sell me their beneficial interest??? Follow Ups: Re: Riddle me this... Nick(Colorado) 11:41 AM, 02/20/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Called 2nd mortgage co. to buy 35k HELOC. They said they aren't selling notes at this time, and it's mgmt decision…they are aware that if the 1st forecloses they get wiped, but he couldn't explain why they don't care. Sale is early March. : If there's no equity to cover their position at the sale, and they aren't reinstating the first themselves, why would they not entertain offers to sell me their beneficial interest??? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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