notice of default (NOD) | firsttuesday Journal

Form-of-the-Week: Notice of Trustee’s Sale & Summary of Key Information and Notice of Sale — Forms 474-2 and 474-1

by Amy Platero | Jul 7, 2023 | Finance, Forms, Mortgages, Real Estate | 0

A trustee uses RPI Forms 474-2 and 474-1 when posting a Notice of Trustee’s Sale (NOTS) on a residential property.

Mortgage delinquencies rise from historic low

by Carrie B. Reyes | Mar 10, 2023 | Economics, Finance, Mortgages, Real Estate, Recessions | 0

While home sales volume is plummeting and home prices are spiraling, there is one housing factor on the rise — mortgage delinquencies.

Does a mortgage holder violate the Homeowner Bill of Rights (HBOR) when using multiple representatives to handle a loan modification request?

by Amy Platero | Aug 3, 2022 | Mortgages, Real Estate, Recent Case Decisions | 0

Morris v. JPMorgan Chase Bank, N.A.

Form-of-the-Week: Request for Notice of Default (NOD) and Notice of Trustee’s Sale (NOTS) – Forms 412 and 474

by ft Editorial Staff | Aug 23, 2021 | Forms, Real Estate | 0

RPI Forms 412 and 474 notify interested parties of a default.

Word-of-the-Week: Land Sales Contract

by Gregory Bretado | Jun 21, 2021 | Real Estate, Video | 0

What is a land sales contract? A land...

California underwater homeowner numbers to increase

by ft Editorial Staff | Feb 4, 2021 | Charts, Economics, Mortgages, Real Estate | 7

Underwater homes were at their bottom in 2020.

California Homeowner Bill of Rights is reenacted

by Carrie B. Reyes | Dec 11, 2018 | Laws and Regulations, New Laws | 0

California has reenacted various provisions of the Homeowner Bill of Rights which expired on January 1, 2018.

California mortgage and foreclosure rights for successors

by Giang Hoang-Burdette | Nov 21, 2016 | Mortgages, New Laws | 0

New mortgage and foreclosure protections for successors after the death of an owner.

Trustee’s fees in a nonjudicial foreclosure

by Giang Hoang-Burdette | Oct 25, 2016 | Mortgages, New Laws, Real Estate | 0

Maximum base fees charged by trustees in a nonjudicial foreclosure have been increased.

The short sale purchase agreement – boilerplate agreement or as an addendum

by ft Editorial Staff | Nov 16, 2015 | Forms, Real Estate | 2

Form-of-the-week: Purchase Agreement with Short Sale Contingency – Form 150-1 and 274 Selecting...

Does service of a Notice of Default trigger the running of the statute of limitations for filing a quiet title action?

by Whitney Trang | Aug 21, 2015 | Laws and Regulations, Real Estate, Recent Case Decisions | 0

The adult child of a commercial property owner forges the owner’s name and obtains a mortgage secured by a trust deed on the property without the owner’s knowledge.

Does a surviving spouse’s life estate confer ownership of a property when they obtain a mortgage on the property?

by Whitney Trang | Aug 3, 2015 | Laws and Regulations, Real Estate, Recent Case Decisions | 0

A property owner dies. The property owner’s will grants their spouse a life estate with a power of sale in their separate property, providing the spouse the right to occupy the property for the duration of the spouse’s lifetime.