What is SB 1079? As we wrap up 2020 and look forward to 2021, there is another law of which you need to be made aware. This law, known as SB 1079, goes into effect on January 1, 2021 and … Read More

The Homeowner Bill of Rights (“HBOR”) was enacted to attempt to open a dialogue between the borrower and lender and to ensure that the borrower is made aware that there is not only help available, but alternatives to foreclosure. Similar … Read More

Originally posted on AAPLonline.com. When used properly, a DIL can be a great option for lenders seeking to avert foreclosure. Given the current economic uncertainty, unprecedented unemployment and number of loans in default, lenders should properly review, evaluate and take appropriate … Read More

One of the most frequently asked questions we receive from our clients is “How long does a foreclosure take?” or “How long does the process last?”. The foreclosure timeline differs state to state as we must follow the statutory guidelines. … Read More

In order to comply with state and federal regulations and avoid legal action, lenders need to be aware of these items before starting a nonjudicial foreclosure. The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) Dodd-Frank only applies to … Read More

Originally posted on Originate.report by Total Lender Solutions

Originally posted on REI-Ink.com Simple timing errors can cost you money. By Randy Newman Limitation of Actions. Or, put colloquially, the Statute of Limitation. Three words that can derail your foreclosure and impair the legal validity of both the mortgage and … Read More

Originally posted on RealtyTimes.com You currently hold the first mortgage on a rental property in California. The borrower is behind in payments to you and has disregarded all communications from you. You decide to file a notice of default to start … Read More