Batching Payments
The borrower is flip flopping, or bouncing back and forth between payments or between mortgages. (e.g. One month they pay 1st lien & skip the 2nd lien, then next month they pay the 2nd lien & skip the 1st lien).
The borrower is flip flopping, or bouncing back and forth between payments or between mortgages. (e.g. One month they pay 1st lien & skip the 2nd lien, then next month they pay the 2nd lien & skip the 1st lien).
***All information is deemed to be accurate, but is not guaranteed***