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Mort owns a property. Wells Fargo holds a first mortgage interest and PNC holds a second mortgage interest. Mort defaults on his mortgage payment. Wells
- Mort owns a property. Wells Fargo holds a first mortgage interest and PNC holds a second mortgage interest. Mort defaults on his mortgage payment. Wells Fargo initiates a foreclosure action without naming PNC in the foreclosure complaint. The property was sold to Sheila Mcbride at the sheriff sale. What right does PNC now have?
- What would be the outcome if the PNC was not recorded
- What if PNC was joined in the foreclosure suit but forgot to attend the sale and bid? Does PNC have any other way to get Mort to pay?
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