Archived
Is it possible now to send QWR even I got Foreclosure Judgement on 2011 by default ?
Keefe's answer
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Answered on June 17, 2013
You can still send a QWR to your former loan servicer to ask specific questions regarding the servicing of your loan, but what is the point? To...
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Archived
Short sale....1099....deed-in-lieu???
Keefe's answer
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Answered on June 13, 2013
Your lender sends a 1098 at the end of the year to report the interest paid on the loan. The lender sends 1099C when there is any cancellation of...
Archived
RE FORECLOSURE NOTICES IN CALIFORNIA
Keefe's answer
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Answered on April 30, 2013
Yes, if they are foreclosing non-judicially under a power of sale, then they must record and serve a Notice of Default on all parties with a...
In 2007, I purchased a house under BMR city housing. I bought the 2nd house last year and try to short sale the BMR.
Keefe's answer
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Answered on April 30, 2013
Is it your primary residence? Whether you short sold it or the lender foreclosed on it, you will still receive a 1099C from lender for the...
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I would like to know how long it will take to give Eviction Notice!
Keefe's answer
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Answered on April 30, 2013
Notices to Vacate (also known as a Notice to Quit) must comply strictly to statutory requirements and many are deficient in service and form. If...
What are my rights as 2nd Trust Deed holder when the Bank holding the 1st is foreclosing?
Keefe's answer
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Answered on April 30, 2013
Both of my colleagues are correct. I want to add that while the borrower has a balloon pmt on your 2nd and is not delinquent on your loan, your...
Archived
Can plaintiff still bring a suit after waiving rights to litigate dispute in contract?
Keefe's answer
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Answered on April 26, 2013
If there is a valid and enforceable arbitration provision, then promptly file a motion to compel arbitration.
Archived
I filed for Ch. 7 BK after foreclosure sale and am planning to file lawsuit against trustee. Can I still prevent eviction?
Keefe's answer
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Answered on April 26, 2013
I presume you are residing in one of the units of the duplex and the tenants vacated the other unit via a CFK from the lender. The lender treats...
Can a second mortgage foreclose on your home without the permission of the first mortgage?
Keefe's answer
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Answered on April 26, 2013
The subordinate lienholders do not need permission from senior lienholders to commence foreclosure. What is your goal? Do you want to keep the...
Archived
Bank owns my condo after forclosure, bank is allowing me to stay until May 6th and at that time I will hand over keys with an
Keefe's answer
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Answered on April 26, 2013
I presume you still reside in the home and that you let her move in as a roommate. I also presume she is now making threats of violence. ;) Go to...
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