A Notice of Default (NOD) does not make you lose your home so, there’s no reason to panic . An NOD serves as a warning to the borrower who missed three payments on his/her mortgage loan. This is a notification states that the homeowner has missed some payments and that if the borrower does not pay the missed payments including legal fees within a specified time, the home will be foreclosed. Read More >
Posts Tagged ‘home loan’
When Was The Last Time You Paid Your Mortgage Loan?
Saturday, March 12th, 2011St Louis Mortgage Community Shocked At Borrowers Losing Bailout Help
Saturday, April 24th, 2010The Treasury Department just released disturbing reports that about 90,000 “distressed borrowers” will be losing their federal mortgage aid under the government’s foreclosure prevention plans possible making this another administration failure. Read More >