October 19, 2008

New law stalls foreclosure filings - Los Angeles Times

New law stalls foreclosure filings - Los Angeles Times Posted by: in Foreclosure New law stalls foreclosure filings Los Angeles Times, CA - 22 minutes ago By Peter Viles, Los Angeles Times Staff Writer A new state law requiring lenders to contact homeowners before foreclosure filings led to a dramatic drop in … Original Post By Google News Click Here For The Entire Article Buy and Sell Real Estate Without Paying a Broker! No Comments » more…

This is Part One of a series of articles on the foreclosure process. This article does not constitute legal advice. Foreclosure laws vary from state to state. Homeowners in financial distress should always hire legal counsel. Call your local state bar association for a referral.  Reduced or free legal aid may be available in some states. Ask for a referral from the state bar association or through a LOCAL HUD-Approved Housing Counseling Agency. Most mortgage loans are not mortgages. Instead more…

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