[quote=sdrealtor]There are also a ton of people who stopped paying on their 2nds but kept their 1st current.[/quote]This makes a lot of sense and haven’t really heard this theory before. At the end of the day, a lot of people just want to go on living their life as they have. If they can fake it by “forgetting” about the 2nd, that certainly helps. Certainly helps the rent/buy math and you gotta pay to live somewhere.