2 years ago, I did chapter 7 & both my mortgages were discharged. I am paying on my 1st.
My 1st in $260, second is $80.... the current appraised value of my home is $240.
United Guranty was the mortgage insurer of my 2nd mort (originally Citimortgage). They paid $16K for the 80K loan. Now they want me to make pmts on the original 80K amount. They already lowered the interest to 0%
Can I get them to lower the principal amount to what they paid for the loan, $16K...
If they charge it off (which is an option) is their a way to get the lein released?