Drive By | FORECLOSURE FRAUD | by DinSFLA

Tag Archive | "Drive By"

Late On The Mortgage? Be Ready For A Lender’s Inspection

Late On The Mortgage? Be Ready For A Lender’s Inspection


you might want to know that some of these lender/servicer break-in cases that have been reported over the last two years involved homeowners who were current on their mortgages.

 

Bank Rate-

If you happen to see a contractor walking around your house, taking pictures, don’t panic. It’s just your lender “inspecting” your property.

According to new rules announced by Fannie Mae this week, mortgage servicers will be required to “order” a “property inspection” no later than 45 days after a homeowner misses a mortgage payment. “The servicer must continue to obtain property inspections every 30 days thereafter” until the delinquency is resolved.

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Posted in STOP FORECLOSURE FRAUDComments (1)


GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com
Kenneth Eric Trent, www.ForeclosureDestroyer.com
Advertise your business on StopForeclosureFraud.com

Archives