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Can I Get a HAMP Modification if I Have a Second Mortgage? – Jim

“Dear Steve, Residence is underwater Can I acquire a “HAMP’ loan modification if I have a first mortage with GMAC and a second mortage (Equity line with Wells Fargo). GMAC balance $71,000 and Wells Fargo equity balance $99,500. Zillow value is $123,400. Please advise as Wells Fargo could not accomodate with loan or GMAC due … Read more