ataylor123
Junior Member
State is Nevada.
Any Nevada Lawyers on here?
My home was foreclosed in May 2011 and sold in August 2011. I had an 80/20 loan, so I had a first and second mortgages.
My first is past the SOL now of 6 months, they cannot come after me.
My question is about the second mortgage. I checked my credit report today and OCWEN is listing my second mortgage as charged off, however there is a second listing by OCWEN under a different account number, opened in November 2011, and it states I owe the balance of my charged off second mortgage.
I disputed the listing with Experian, but I am worried now:
1. Can they come after me for the balance due on the second mortgage?
2. Does OCWEN have a history of doing this? If so, can the balance be negotiated for pennies on the dollar, like 5%?
3. What should I do?
Thanks.
Any Nevada Lawyers on here?
My home was foreclosed in May 2011 and sold in August 2011. I had an 80/20 loan, so I had a first and second mortgages.
My first is past the SOL now of 6 months, they cannot come after me.
My question is about the second mortgage. I checked my credit report today and OCWEN is listing my second mortgage as charged off, however there is a second listing by OCWEN under a different account number, opened in November 2011, and it states I owe the balance of my charged off second mortgage.
I disputed the listing with Experian, but I am worried now:
1. Can they come after me for the balance due on the second mortgage?
2. Does OCWEN have a history of doing this? If so, can the balance be negotiated for pennies on the dollar, like 5%?
3. What should I do?
Thanks.