I have a 2nd mortgage with IndyMac Bank (stopped paying in May 2009). What information is required by law to notify me of the banks intention of foreclosing? How does a 2nd mortgage lender foreclose on a 1st mortgage? I am currently in a "special forbearance" with my 1st mortgage which is with WAMU/Chase. IndyMac flat told me they would not be doing any modifications.
I have only received the regular billing statements and phone calls asking about payment. I just received a billing statement and noticed it had a comment "Foreclosure Bankruptcy". Besides calling the bank and asking, anyone have an idea what this means? I have never told them I am filing bankruptcy.
I have only received the regular billing statements and phone calls asking about payment. I just received a billing statement and noticed it had a comment "Foreclosure Bankruptcy". Besides calling the bank and asking, anyone have an idea what this means? I have never told them I am filing bankruptcy.