reverse mortgages california laws short sales

California Short Sale
California Short Sale | California Short Sale rules were changed by California SB 458. . under a note secured by a deed of trust or mortgage in a short sale.

California Deficiency Balance
In a short sale the lender agrees to accept less than the balance owed on the . Our deficiency balance for our first mortgage was forgiven. . See the resource California Collection Laws to learn more about your rights . Buy a Home; Refinance; Home Equity Loan/Line; Reverse Mortgage; Mortgages in Trouble .

Is My HELOC a Recourse or Non-Recourse Loan in California?
I am working with the first mortgage for a short sale of my home. . Under California law, a lender cannot pursue a borrower for a deficiency balance resulting .

Reverse Mortgage Articles
Reverse Mortgage articles, personal advise, and industry .

California Real Estate Fraud Report » Reverse Mortgage Fraud
Jan 27, 2012 . This blog educates law enforcement and consumers as to real estate fraud and other . Archive for the 'Reverse Mortgage Fraud' Category . The FBI notes that short sale fraud has become so prevalent that organized crime .

New Law SB 458 Prohibits Deficiencies on California Short Sales
Jul 22, 2011 . SB 931 was about a first mortgage, but it offered no release of liability . It will amend California Civil Code 580e with regards to a short sale only. . and this “ reverse” concession (most concessions are usually made by the .

California Foreclosure Guide, Process & Timeline | Preventing ...
Chart with dates for Notice of Default, Notice of Sale, foreclosure sale and eviction. . Foreclosure is a process, governed by California state law, by which a home is sold to satisfy an unpaid debt such as a home mortgage, a tax lien or other debt. . you are able to short-sale the home, and; you are able to qualify for a loan .

Short Sale Fraud | LoanSafe
Mar 24, 2010 . Arizona AG Terry Goddard, Eric Holder to Take Part in Mortgage Fraud Summit Thursday . Short Sale Fraud: California DRE Warns Real Estate Licensees . legal mandate for a real estate broker license under California law.

Update to California Short Sale Laws - VITEK Mortgage Group Blog
Aug 31, 2011 . News California short sales laws and bills. . Speak with a mortgage loan originator. Schedule a . Rent vs. Buy · Reverse Mortgage Calculator .

California Mortgage Servicing Laws |
Various laws regulate mortgage servicing in California and complaints may be directed to either the servicer or the Department of Housing . Laws on Mortgage Short Sales in California. . Laws Concerning Reverse Mortgages in California .

Mortgage Archives: California Real Estate Lawyers Blog
California law regarding trustee's sales is detailed and specific, and plaintiffs . There are a number of steps troubled California home mortgage borrowers can take. . In either case a short sale is an option. . and taken out the reverse mortgage before marriage; or a spouse may have been under 62 and not qualified.