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lender: How The Foreclosure Process Works – Hanging On To Your Home - Part One - 06/16/07 02:44 PM
Thursday, June 14th, Allen Pezeshikian of Countrywide Home Loans sponsored a presentation conducted by representatives of Countrywide's Home Retention Division.  Formerly known as the Loss Mitigation Division, the re-naming better describes Countrywide's perspective on home owner retention versus short sale/foreclosure options.  The audience was about 400 Realtors from the Glendale, California area primarily, although there were some from as far away as Palmdale.
(Disclaimer- each lender has their own policies.  If you have questions contact your lender).
The Foreclosure Process:
1.         Mortgage a payments are normally due on the first of the month, with a fifteen day grace period, which most mortgage payers take … (14 comments)

 
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Keith Sorem

Glendale, CA

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Keller Williams Realty

Address: 411 North Central Avenue, Suite 100, Glendale, CA, 91203

Office Phone: (818) 432-3269

Cell Phone: (818) 230-8049

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