[folide]

If you are enough underwater where they would not get anything after paying off the first were they to foreclose and you live in California then they are in a bad position and cannot do much but harass you through phone calls. It is not in there best interest to foreclose. I just stopped paying mine and it will eventually be charged off. They will still probably keep the lien on the property but will only get paid when the house is sold. I am not advocating to stop paying your second, everyone's situation is different. I am just saying what I did and it could be an option for you.