Think flood insurance for hurricane season
MaineToday.com - When you stop to think about it, if you have a mortgage on your home, and you get flooded with no flood insurance, you’re looking at having to take out a second mortgage to pay for repairs to your home,” he said. For more information, go to floodsmart

Mortgage Rejection Rates Higher in 2006
US News and World Report - The government data showed there was an increasing use of “piggyback” mortgages in 2006 in which strapped borrowers obtained a second mortgage to cover the cost of the home they were purchasing because they could not afford a larger down payment. The

Owner to try again to sell golf course
Charleston Post & Courier - The company’s top creditors are Regions National Bank , which is owed more than $2.3 million under a first mortgage, and Beaufort-based Lowcountry National Bank, which has a claim for $391,000 on a second mortgage. Built in 1984, South Carolina

Sold! Fox & Co. take Curran Hwy. property for $670K
North Adams Transcript - Isacoff said the Drew family, which held a second mortgage on the property, bid in concert with Fox and Leete to “protect their interests.” “They are not thrilled with the current condition of the building,” he said. “This building has been in the