June 1, 2015 – The US Supreme Court ruled Monday that junior lienholders cannot have their lien stripped if the value of the real estate is less than the value of the senior lien.
Read more: http://www.inman.com/2015/03/25/underwater-second-mortgages-surface-in-supreme-court-case/
http://www.marketwatch.com/story/supreme-court-hands-defeat-to-struggling-homeowners-2015-06-01