On a refinanced first mortgage, the bank’s number one in 1099, while seizures two years after the Re-Fi?

In: refinancing

23 Jun 2010



What is the current Law on Banks that issue in 1099 foreclosed homes, so they refinanced two years before the default, if its first mortgage?
If the bank is trying to make the owner, the loan amount refianced to repay when its first mortgAs you get it refinanced to you. You can not just go sticking the money in his pocket and.

Which is issued to 1099, when they do not get a refund, as the money you need to pay taxes to keep it upright.

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