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SDnomore
ParticipantI didn’t take out any money when I locked in the rate on the 20% loan. So would that make it a refinance and subsequently a recourse loan? Also, is there a chance Wells Fargo won’t go after it? I haven’t heard from them in months. What about the Mortgage Debt Forgivenes Act? Does that apply at all? Does it still need to be approved by the Senate?
SDnomore
ParticipantI didn’t take out any money when I locked in the rate on the 20% loan. So would that make it a refinance and subsequently a recourse loan? Also, is there a chance Wells Fargo won’t go after it? I haven’t heard from them in months. What about the Mortgage Debt Forgivenes Act? Does that apply at all? Does it still need to be approved by the Senate?
SDnomore
ParticipantI didn’t take out any money when I locked in the rate on the 20% loan. So would that make it a refinance and subsequently a recourse loan? Also, is there a chance Wells Fargo won’t go after it? I haven’t heard from them in months. What about the Mortgage Debt Forgivenes Act? Does that apply at all? Does it still need to be approved by the Senate?
SDnomore
ParticipantI didn’t take out any money when I locked in the rate on the 20% loan. So would that make it a refinance and subsequently a recourse loan? Also, is there a chance Wells Fargo won’t go after it? I haven’t heard from them in months. What about the Mortgage Debt Forgivenes Act? Does that apply at all? Does it still need to be approved by the Senate?
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