Written by attorney Francis King, over 1 year ago.
The Protecting Tenants at Foreclosure Act was adopted in 2009 to address the problem of the eviction of tenants on short notice following the sale of their home in a foreclosure action. The Act... more
Written by attorney Richard Lebovitz, 3 months ago.
When facing foreclosure on your home you have options other than just throwing your hands up in the air and exclaiming that you have lost your home. You have the right to request loss mitigation,... more
Written by attorney Andrew Stilwell, about 1 year ago.
Anew nuancemay have been created by the passing of the 580e law (anti-deficiency of short sales). An untapped section of the real estate marketmay now be ripe for the taking.Many might recall, during... more
Written by attorney Ray Garcia, about 1 year ago.
What to expect at a foreclosure case mediation? The purpose of the mediation at its highest value is a loan modification for the borrower. All banks have different standards that borrowers are... more
Written by attorney Theodore Woerthwein, over 1 year ago.
Will I Get Sued for the Loan Balance After Foreclosure? The short answer: not necessarily. Statistically, you are more likely to have the debt forgiven (hence the 1099). In some states the bank has... more
Written by attorney Margery Golant, 12 months ago.
Most mortgage borrowers who have experienced economic hardship in the past several years, or who for any reason have gotten behind on their mortgage or are under water on their mortgage, are looking... more
Written by attorney Ray Garcia, about 1 year 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 Lara Chubaty, over 1 year ago.
1. Borrower breaches contract by missing payments and thus going into default. Each agreement specifies the number of months late required for borrower to be in default. 2. Lender may send... more
Written by attorney Scott Zochowski, almost 2 years ago.
The main concerns of most people facing foreclosure are how long they will have in the home and whether they will still owe money to the mortgage company after they move out. However, a frequently... more
Written by attorney Michael Daymude, 10 months ago.
The increase in foreclosure and short sales in recent years has sparked some new legislation which expands Californias anti-deficiency laws. Californias present and impending anti-deficiency... more
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