Written by attorney Lynette Silon-Laguna, about 3 years ago.
It is possible only in a Chapter 13 to strip a second mortgage lien from your home. This will help to prevent foreclosure when a propertys market value has decreased substantially since the mortgages... more
Written by attorney Richard Rydstrom, about 1 year ago.
No tender is required to enjoin a foreclosure sale prior to the sale, in the event of [the banks] non-compliance with Civil Code 2923.5 (Mabry v. Superior Court (2010) 185 Cal. App. 4th 208).... more
Written by attorney Christopher Schwindt, over 1 year ago.
A temporary federal law gives renters some protections against getting evicted from their homes when a bank forecloses on their landlord. The Protecting Tenants at Foreclosure Act is shortonly two... more
Written by attorney Howard Roitman, over 3 years ago.
The program allows homeowners and lenders to sit down with trained mediators to discuss alternatives to foreclosure. The mediations, which are confidential, are required to be conducted within 80... more
Written by attorney Howard Roitman, over 3 years ago.
Once a homeowner requests mediation, the lender is required to participate in good faith and have someone at the mediation with the authority to modify a loan.
Written by attorney Ray Garcia, 12 months ago.
A Las Vegas Jury recently awarded a family $3.4 million in a wrongful foreclosure case. As you can guess, this wasnt your everyday foreclosure. It kind of reminds you of the McDonalds hot coffee case.... more
Written by attorney Ray Garcia, 12 months ago.
The record $25 Billion Dollar National Mortgage Settlement Agreement signed earlier this year involved 5 big lenders. According to recent reports, the Federal Reserve is now adding another 8 to the... more
Written by attorney Charles Gallagher, 11 months ago.
It appeared that help was on the way for millions homeowners in foreclosure or underwater when the terms of the nationwide mortgage foreclosure settlement were recently announced by attorneys general... more
Written by attorney Ray Garcia, 12 months ago.
In order to foreclose on a property, a bank must first obtain a Final Judgment of Foreclosure. There is a specific procedural process that must be followed before a court may enter a Final Judgment... more
Written by attorney Ray Garcia, 12 months ago.
If your first mortgage was permanently modified under Home Affordable Modification Program and you have a second mortgage on the same property, you may be eligible for a modification or principal... more
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