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Preforeclosure filings — including notices of default and notices of foreclosure auction — continue to increase.
It also passes on notices of default if certain conditions are not met.
Meanwhile, foreclosure filings — including notices of default, auctions and repossessions — rose again in the first three months of this year.
April was the seventh straight decline in monthly filings — which include notices of default, auction and bank repossessions — according to RealtyTrac, a real estate data provider.
Through Sept. 30, lenders filed notices of default on 229,843 homes in California this year, according to the research firm MDA DataQuick.
In the current environment, however, notices of default are down for all types of loans as lenders work with owners in various modification programs.
Similar(35)
And precursor events to foreclosures in many parts of the country (e.g., notices of defaults and notices of foreclosure sales) are picking up too.
Notice of Default is very clear: you have defaulted, you are in default, you are defaultive.
We will all get a notice of default someday.
The notice we received from the landlord was a Notice of Default and Opportunity to Cure.
The notice of default does not mean that Menatep was calling for immediate repayment of the loan.
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