[quote=sdrealtor]Now we all know you are full of it. I have concrete proof of a 2nd that negotiated a short payoff outside of a short sale and you cant accept that you are wrong. It was not a short sale or foreclosure when they negotiated the short payoff on the 2nd. They resolved their 2nd for pennies on the dollar. It was done! They had a pass as you say. They had the option to stay with a de facto principal reduction but chose not to. They did not lose the home, they sold the home by choice.

I have the documentation because a sale was ultimately involved. There are other cases of the 2nd getting settled and the 1st modifying by my associate which I dont have access to because they arent my clients but I have seen many of them.

I have seen letters sent to borrowers offering these kinds of payoffs without the borrower even asking for one. I had a client that owed $105K on a 2nd who stopped paying it. They got a Xmas letter last Dec saying send us $6,000 and you are done…d….o…n…e…DONE!!!

You asked for proof, I have it ready to send to you but you cant admit you are wrong. It must really suck to be you. Good Bye asswipe…[/quote]

I don’t think either of you are wrong, but each 2nd mortgage holder handles things differently, depending on their objectives at the time.