Resolved Question: When will many Obama followers equity lines run out so they can not afford their DSL service any longer?

Should I pull the money out of my money market or take a home equity line of credit?
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Voting Question: Can my 2nd and 3rd mortgage holders foreclose on my house (1st mortgage is not delinquent)?

I have a home worth about $325,000. On this home, I have a $150k first mortgage with WaMu, a 2nd mortgage (home equity line with Chase) with a $200k balance and a 3rd mortgage (another home equity line with Harris Bank) with a $150k balance. The first mortgage (and taxes/ins) are up to date but I cannot afford the payments on the 2nd and 3rd mortgages due to being placed on disability. If I keep my first mortgage payments up to date, can either Chase or Harris Bank seek to foreclose on the house? The reason I am wondering about this is there is no equity in the house for the 3rd mortgage holder (Harris Bank) and the 2nd mortgage holder (Chase) would have to pay out the 1st mortgage holder before they would recover any money for their outstanding balance. Given the current state of the real estate market, i am not even sure I could sell my house for $325k. My hope is that over a lifetime, i can pay the 2nd and 3rd mortgages after I pay off the first mortgage in 10 years.

Resolved Question: When will many Obama followers equity lines run out so they can not afford their DSL service any longer?

No Muslim from Africa for President.

Vote for Tiger Woods; at least he is American and will take a stance for common sense.
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