Homeowner Suit vs. Bank CEPersVid-22

Posted on September 6, 2009
Filed Under Bank Foreclosures |

A homeowner threatened with a mortgage foreclosure can start his/her own foreclosure action against the bank. Such action if successful would foreclose the bank from foreclosing on the mortgage or encourage the bank to enter into a modification agreement to which it otherwise would not agree. A borrower’s foreclosure action is more suitable in California, Nevada, Arizona, Michigan, Washington DC and other states which permit mortgage foreclosures without a court action (called “non-judicial foreclosures”). 29 states permit non-judicial foreclosures. In the other 21 states, including NY (called “judicial foreclosure states”), homeowner-borrowers usually wait for the bank to start a mortgage foreclosure action before erting their defenses, offsets and counterclaims. This video is by attorney Carl Person who advises homeowners in various states how to oppose mortgage foreclosures.

Duration : 0:9:36


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Comments

2 Responses to “Homeowner Suit vs. Bank CEPersVid-22”

  1. PlainSight52 on September 6th, 2009 10:54 am

    God Bless You Carl …
    God Bless You Carl The world Needs More People Like You.. & I

  2. hirjournee on September 6th, 2009 10:54 am

    This video was …
    This video was informative.
    First Franklin sold my loan to Select Portfolio Servicing. Since then I have had nothing but trouble. It seems my payments are missing and other bad business stuff is going on. Any suggestions?

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