Re: 2 Weeks Left
Posted by NJD on January 31, 2009 at 07:12:21:
In Reply to: Re: 2 Weeks Left
Posted by ALB on January 31, 2009 at 06:59:04:That means, its possible the lender will make out better, financially, if it forecloses, takes a loss, then makes a claim on an umbrella insurance policy... and gets its money back.
But it may also be too little, too late.
But we won't know unless we understand who owns your loan, what insurances are in place, etc.
"Is that enough to get them to investigate & stop the foreclosure process?"
That doesn't sound like enough, to me. If you had evidence your loan application was falsified by the broker, or the appraisal was inflated, etc.... maybe.
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