What happens to a second mortgage when a home is purchased at a foreclosure auction?

I am going to bid on a house at foreclosure and it has a 1st mortgage of 0K and a second of K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes?

How does mortgage fraud affects the subprime mortgage crisis?

In the actual Subprime mortgage crisis in the US huge amounts of mortgage frauds were discovered. What’s the part that these frauds played in the actual mortgage crisis ? Thanks.

mortgage??

if i buy a home of 0,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????

thanks for the answers
well if not 10,000 then wat abt 20 or 25 ?