Compliance Foreclosure
If I am a renter, and it goes into foreclosure, do I have to show the house to potential buyers?
The house I am renting has been foreclosed on. The bank has been trying to show the house and they say they posted notices on our door, but we never got them. We have a lease that isn’t up until Sept 1, 2011. They have served us eviction papers (apparently they sold the house-even though no one has ever seen it?), . They are claiming “Non compliance” because we didn’t show the house ( we have NEVER been late on our rent). Their attorney says he can kick us out in 30 days. Don’t we have any rights? What can we do?
The bank had to let you rent for 3 months. Then you go. Those are your rights.
You should not have to show the house, but you have to allow it to be shown. It is not up to you to stop anyone selling their property. If you thnk they won;t sue you you’re in for a surprise.
Produce the Note – Foreclosure Help- Mortgage Compliance Audit
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Power of sale foreclosure and truth in lending compliance workshop … |
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Servicing’s tough new challenges: servicers are facing several challenges in 2007. Delinquencies are up, home prices are down and compliance demands … story): An article from: Mortgage Banking $9.95 This digital document is an article from Mortgage Banking, published by Thomson Gale on February 1, 2007. The length of the article is 3939 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Servicing… |
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Current Lending Compliance Issues: An Update for Lending Officers, Bankers and Attorneys This manual will provide an update of the most recent developments related to key lending laws and regulations. The materials will equip readers with the information needed to ensure compliance and avoid costly mistakes. Readers will also benefit from the practical insights offered throughout the manual…. |
