Bankruptcy Forum

Ditec mortgage

paulf8
01-29-2009, 06:20 PM
I have a second mortgage for 140000 thats totally underwater ,How long before they forclose on me .I stoped paying 30 days ago,Does enyone else have a mortgage with them

cindy02
01-29-2009, 06:57 PM
Are you still paying your first mortgage?

paulf8
01-29-2009, 08:08 PM
yes ,Its with washington mutual which just got taken over

wees
01-29-2009, 10:09 PM
Hey, I just ask a friend of mine about your issue. He told me that You will need to contact the loss mitigations department regarding your inquiry. I hope that you will find some good answers. :)

Trixie007
01-30-2009, 05:24 AM
If your second mortgage is underwater, it's very likely that they would not be the ones to foreclose. We let two houses go, and on both of them it is the first lienholder doing the foreclosure.