2nd Mortgage Story

My second mortgage is held by Bank of America and Bank of America bought my first national mortgage is now owned by Bank of America. I intend to go, because they are upside down, should stop paying the mortgage, as they belong to the same bank? and is expected to close savings and checking account with the boa? To answer your question, yes, certainly. For the first question you should consider other options before you begin as a short sale or negotiate more favorable payment plans. On the trail of ruining your credit for 7 years. WOW! The best thing to do before taking any action to speak with a lawyer. It is not always as simple as "disappeared" since the bank may have deficiency judgments against you if you can not sell their house for what is owed on the mortgage.