2 NOD on a pre-foreclosure
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lweinlan
October 30, 2009 02:05PM
Hi all,

I have a question regarding loans on a pre-foreclosure SFR. Please check the following picture.
It shows the 2 NOD that were recorded for this property (I replaced the owner name by a fictitious one). I am a beginner and try to analyze those 2 NOD. It seemed to me that the owner refinanced (?) in 2004, the original loan was issued in 2002. Two NOD were filled, one in January 2009 in regard to the 2002 loan, and the other in August 2009 in regard to the 2004 loan. Why would 2 NOD be recorded if the owner refinanced in 2004 ? Maybe this second loan is not a refinancing loan??
Thank you. Any help or comment is appreciated.
Luke
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2 NOD on a pre-foreclosure lweinlan 81 October 30, 2009 02:05PM
Re: 2 NOD on a pre-foreclosure Jim V 53 October 30, 2009 02:49PM
Re: 2 NOD on a pre-foreclosure SF 47 October 31, 2009 02:20AM



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