I am a 'freshman' with junior-entry credits.

Check If there is equity left in the property to cover 1st and 2nd.If there is equity:You need to contact first lender and see what you need to do to bring payments current and preserve your junior position and cancel foreclosure.

I am a college student just finishing my junior year and seeking some sort of real estate exposure before graduation.

@Junior Salters Thanks man, lets link up.

Senior agent more, then regular agent, then junior agent smallest amount is typical. 

I am currently a college student going into my junior year of college.

most senior lenders will allow a junior to do this.. some wont though.3. the current owner deeds to you in deed in Lu  you bring first current and sell it.  

I do have a credit card, I got it during my junior year of college about 2 years ago, but fortunately, I have ALWAYS paid off the balance each month.

(note here, as @Chris K. says, get your own lawyer) and also contacted our attorney - who has assigned a junior guy from his firm to tackle this situation (I also like dealing with the top and let them make the call when someone else should handle it).

A little about me: I am an up and coming Junior at Rutgers University New Brunswick.