Spoke to Deed-in-lieu dept at BofA recently. Chase is not willing to accept 6% to release the lien on the 2nd mortgage. BofA owns the 1st and will probably end up fc. Since I filed I am not sure what the rationale behind Chase not settling with BofA....
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Filed Ch7 in Jan...Trying for a deed-in-lieu...Chase refused 6% setl from 1st (BoA)
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