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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by r00fus on Wednesday April 29, 2020 @12:30PM (#23021058)
Don't house loans require an upfront disclosure of leins against the property?
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by opo on Wednesday April 29, 2020 @07:06PM (#23025628)
Yes. There might be a state where someone holding a lien on a house can prevent a first mortgage holder from foreclosing, but I'd certainly recommend someone talking to an attorney before trying this.
Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by jessaustin on Wednesday April 29, 2020 @03:25PM (#23023103)
This would only work in an "easy money" period, during which loan originators are eager to ignore lending standards on second mortgages. Such periods will come around again, though.