California Foreclosure Law Civil Code 2924 Foreclosure Process California Generally speaking, a lender would prefer to receive payments than receive a home due to foreclosure. Lenders will often accommodate home owners who are having difficulty making payments. The best course of action is to call the lender before missing payments. Lenders may restructure the loan… Read More
California Foreclosure
November 23, 2008 By
California Foreclosure Law Civil Code 2924 Foreclosure Timeline • Record Notice of Default – Day 1 • Mail Notice of Default – Within 10 business days of recording Notice of Default Post, publish or serve Notice of Default, when necessary • Mail Notice of Default – Within one month of recording Notice of Default •… Read More
REO Sale
November 2, 2008 By
REO Sale and REO Purchase Program Indymac Bank is providing financial assistance to an owner-occupied home buyer who purchases an Indymac Bank property. Because Prospect Mortgage is Indymac Bank’s National lender for REO purchases the financial assistance is available only if a REO home buyer uses Prospect Mortgage for an FHA or VA loan. Indymac… Read More
