Bank of America foreclosure timeline

BofA has an impossible load of cases and saves money by understaffing. They took so many toxic loans that they may never be able to deal with them...

Will lender come after me if my fiance sells the home he purchased before we were married in a sort sale after we are married?

Generally, lenders do not go after homeowners for shortfalls after a short sale, as CA statutes cover that. Being a community property state, you...

WHAT HAPPENS TO THE SECOND LIEN IF THE FIRST LIEN HOLDER FORECLOSES AND TEN RESCINDS THE FORECLOSURE

As stated by Mr. Chen, the 2nd would recover zero unless they had first reached an agreement with the 1st prior to foreclosure. However, when the...

Received NOD - given 30 days to protest amounts. Question

Again both attorneys are correct. The appropriate actions are communicate with your lender and explain the figures. You may not get agreement, but...

Bank did not make the attempts to contact me 3 times (or any times) to tell me alternatives before NOD

We see this almost daily. Banks regularly fail to comply with the law and do not even make one attempt at communication, while all the while...

This seems to be a very common method used by Sheriff's to post notice. It must be responded to within 5 days of posting, or they will get you out...

Regarding the 2nd Mortgagee place

If 1st not recorded, 2nd normally takes the priority. What exactly happened with MERS? Are they saying "deactivated" means removed? Which did they...

Absolutely not. But how was it served upon you?

How Can the Bank of the lst Trust Deed protect the orig.homeowners from UD after foreclosure by the second trust deed holder ?

The other answers, while normally correct, have not be the case on matters we have actually handled, where the 2nd foreclosed but owners was...

Selected as the best answer

What happens if the first trust deed bank does not plan to sell to the second trust deed who foreclosed? I

The 1st has the priority by definition, absent a subsequent change in rights, which you do not describe. This would normally mean the 2nd cannot...