March 23, 2017

Outrageous | The Short Sale Scam: Most Going to Non-Recourse States that Bar Deficiency Judgments

“But here’s the key point: 12 states are “non-recourse states.” In these states, the bank is prohibited from going after a foreclosure victim for the balance of the mortgage post-foreclosure sale.” ~ The Short Sale Scam: Most Going to Non-Recourse States that Bar Deficiency Judgments By: David Dayen The more I look at this foreclosure … Read more
Related posts:

  1. Robosigned Conveyance from MERS to BofA Deemed “A Mistake” Post Short Sale – MERS and Fannie Mae Sue Short Sale Seller and Buyer
  2. Freddie Mac Bulletin NUMBER: 2012-5 | Servicers Must Waive All Rights to Pursue Deficiency from Short Sales and Deed-In-Lieu of Foreclosure
  3. Deficiency Judgments | Foreclosures’ Hidden Risk: Debt that Haunts for Two Decades

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