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Are second mortagages included in the stimulus package as far as loan modifications are concerned?

April 26, 2017concerned included loan modifications package stimulus

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Are second mortagages included in the stimulus package as far as loan modifications are concerned?

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I believe what you’re asking is whether or not second mortgages can be included in the refinancing under the Housing Refinance Plan. The answer is no. Second mortgages must be subordinated to the new first mortgage.