The lender can legally prevent your home as they review the loan to MHA mod? (CA)?
We have a mortgage with Chase, we have missed payments on 7. We had a lawyer working with the bank all the time and she told us all the time "Just stop payments and do not worry. While they are reviewing your application, they can not lock the house "We have received a confirmation letter hunting in early December 2009 stating that our case is reviewed under the program Making Affordable Home (MHA). We have not received instructions Payments to trial yet so we have not made any payments. Yesterday, they slapped a "Notice of Sale" on our front door with a date of foreclosure auction set for less than a month from now. My wife and I are extremely worried. Any advice would be most appreciated! Are they legally allowed to do? Exactly what could happen here? Thank you a bunch!
Yes, of course. The steps of locking on. your lawyer sucks. Perhaps continue. You need to redeem your loan now, hope you have saved these payments and did not party away. Your foreclosure is the fact.
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