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need input on second mortgage

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This is a discussion on need input on second mortgage within the Loan Modification forums, part of the Foreclosure Forum category; I have my first with Indy and my second with Citi. I am considering trying to get Citi to settle ...

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01-18-2009, 06:04 PM	#1 (permalink)
angel83 Senior Member Join Date: Jul 2008 Posts: 214 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	need input on second mortgage I have my first with Indy and my second with Citi. I am considering trying to get Citi to settle for a portion on the second. Has anyone ever done this with any lender with success? If so for how much were you able to negotiate? How does it affect your credit? Do you get 1099d for the difference? Maybe a tax expert could chime in if you are reading this. Can these things be negotiated? thanks

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