Got a second mortgage? Guess what..."the man" could possibly torch that sucker. Let's start this discussion, in the interest of transparency, by saying that this DID NOT happen to me. But it is happening to other Americans, and quite a bit. Welcome to the world of "HAMP," "HARP," "Dodd-Frank," "Underwater," and "Loan Extinguishment." Is "Extinguishment" even a word? … [Read more...]