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I'm applying for Loan Modification on Ist lien. I have 2nd line that is in write off/collections. Do I need a Subordination

Freddie Mac is my investor. I want to get a loan modification on Ist mortgage. I have a 2nd mortgage that has gone into collecitons/write-off. Do I need to get a signed Subordination Agreement from 2nd lien? by carterraem679 from Silver Spring, Maryland. Aug 18th 2013 Reply


James Mazzola (Mazzola)
#109 ranked lender in New Jersey - 314 contributions

no

Aug 19th 2013
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Andrew Alfonso (CashCow)
#43 ranked lender in Florida - 271 contributions

The correct answer on this one is no. Thank you. Andrew

Aug 19th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

No, you do not.

Aug 19th 2013
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