While rare, some lenders do allow them
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1. Anonymous said... on Jan 18, 2010 at 01:08PM
“This article incorrectly states that the second mortgage lender who consents to a subordinationn would remain in second place in the lien chain.The fact is that the lender of a HECM reverse mortgage is in first lien position and that HUD always has a second lien position. Therefore,anysecond mortgage lender consenting to a subordinate lien position,assuming it is legal, to a HECM reverse, would be in third position.”
2. Anonymous said... on Feb 25, 2010 at 12:39AM
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