MLO Mentor: Notice of Default & Notice of Trustee’s Sale, Part II
This article continues our discussion of the Notice of Default (NOD) and Notice of Trustee’s Sale (NOTS).
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Tag: Notice of default
MLO Mentor: Notice of Default & Notice of Trustee’s Sale
This article discusses the Notice of Default (NOD) and Notice of Trustee’s Sale (NOTS).
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MLO Mentor: California’s nonjudicial foreclosure
This article gives an overview of California state’s nonjudicial foreclosure process.
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Word-of-the-Week: Nonjudicial foreclosure
When property is sold at a public auction by a trustee as authorized under the power-of-sale provision in a trust deed.
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The Notice of Default
The trustee’s critical adherence to strict statutory notice of default (NOD) delivery and notice requirements.
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Does a lender who discusses foreclosure alternatives with a defaulting homeowner need to initiate the discussion to comply with the Homeowners’ Bill of Rights?
Schmidt v. Citibank, N.A. Facts: A homeowner obtains a mortgage from a lender then goes into...
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NODs and REOs to reemerge amidst recovery, Monthly Statistical Update (September 2014)
90-day delinquency rate moves towards recovery; NODs and trustee’s deeds to bounce; REO resale volume ticks upward
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NODs recoil for the next bounce, Weekly Statistical Update 04/28/2014
NODs and trustee’s deeds stablize – for now; NODs to foreclosures: a bump on the horizon; REO resale volume awaits the rebound
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NODs down, temporarily, Weekly Statistical Update 01/27/2014
01-27-2014 Weekly Statistical Update; NODs down, temporarily; NODs to foreclosures: looking at the bottom; NODs and trustee’s deeds meander towards the floor; REO resale volume down – for now
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