- This topic has 190 replies, 22 voices, and was last updated 14 years, 11 months ago by
temeculaguy.
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June 8, 2009 at 2:18 PM #413063June 8, 2009 at 8:07 PM #412514
feraina
ParticipantThe bill, called the California Foreclosure Prevention Act, was introduced by Sen. Ellen Corbett, D-San Leandro, and attached to the budget package in February. The foreclosure moratorium takes affect June 15 and covers owner-occupied homes where the first loan was recorded between Jan. 1, 2003, and Jan. 1, 2008.
Ahh, does this mean homes bought earlier and due to foreclose b/c of delinquent heloc loans are not included in the moratorium?
June 8, 2009 at 8:07 PM #412752ParticipantThe bill, called the California Foreclosure Prevention Act, was introduced by Sen. Ellen Corbett, D-San Leandro, and attached to the budget package in February. The foreclosure moratorium takes affect June 15 and covers owner-occupied homes where the first loan was recorded between Jan. 1, 2003, and Jan. 1, 2008.
Ahh, does this mean homes bought earlier and due to foreclose b/c of delinquent heloc loans are not included in the moratorium?
June 8, 2009 at 8:07 PM #412997ParticipantThe bill, called the California Foreclosure Prevention Act, was introduced by Sen. Ellen Corbett, D-San Leandro, and attached to the budget package in February. The foreclosure moratorium takes affect June 15 and covers owner-occupied homes where the first loan was recorded between Jan. 1, 2003, and Jan. 1, 2008.
Ahh, does this mean homes bought earlier and due to foreclose b/c of delinquent heloc loans are not included in the moratorium?
June 8, 2009 at 8:07 PM #413059ParticipantThe bill, called the California Foreclosure Prevention Act, was introduced by Sen. Ellen Corbett, D-San Leandro, and attached to the budget package in February. The foreclosure moratorium takes affect June 15 and covers owner-occupied homes where the first loan was recorded between Jan. 1, 2003, and Jan. 1, 2008.
Ahh, does this mean homes bought earlier and due to foreclose b/c of delinquent heloc loans are not included in the moratorium?
June 8, 2009 at 8:07 PM #413213ParticipantThe bill, called the California Foreclosure Prevention Act, was introduced by Sen. Ellen Corbett, D-San Leandro, and attached to the budget package in February. The foreclosure moratorium takes affect June 15 and covers owner-occupied homes where the first loan was recorded between Jan. 1, 2003, and Jan. 1, 2008.
Ahh, does this mean homes bought earlier and due to foreclose b/c of delinquent heloc loans are not included in the moratorium?
June 8, 2009 at 9:33 PM #412539golfproz
ParticipantThis bill is total fluff. It imposes a 90 moratorium for lenders to work out a loan mod. Lenders can avoid this by already having a modification program in place. Since most lenders already do have loan mod programs in place I don’t see this having any effect.
June 8, 2009 at 9:33 PM #412776ParticipantThis bill is total fluff. It imposes a 90 moratorium for lenders to work out a loan mod. Lenders can avoid this by already having a modification program in place. Since most lenders already do have loan mod programs in place I don’t see this having any effect.
June 8, 2009 at 9:33 PM #413021ParticipantThis bill is total fluff. It imposes a 90 moratorium for lenders to work out a loan mod. Lenders can avoid this by already having a modification program in place. Since most lenders already do have loan mod programs in place I don’t see this having any effect.
June 8, 2009 at 9:33 PM #413084ParticipantThis bill is total fluff. It imposes a 90 moratorium for lenders to work out a loan mod. Lenders can avoid this by already having a modification program in place. Since most lenders already do have loan mod programs in place I don’t see this having any effect.
June 8, 2009 at 9:33 PM #413238ParticipantThis bill is total fluff. It imposes a 90 moratorium for lenders to work out a loan mod. Lenders can avoid this by already having a modification program in place. Since most lenders already do have loan mod programs in place I don’t see this having any effect.
June 8, 2009 at 9:50 PM #412548Anonymous
GuestHi Eugene,
Be careful when using the counts returned by sdarcc.com. Like most of the county recorder sites, you will notice that many documents numbers are included in the results multiple times – one for each party (i.e. husband and wife). Thus your count may be off by 30-50%.
Best Regards,
Sean O’Toole
Founder/CEO
ForeclosureRadar.comJune 8, 2009 at 9:50 PM #412786GuestHi Eugene,
Be careful when using the counts returned by sdarcc.com. Like most of the county recorder sites, you will notice that many documents numbers are included in the results multiple times – one for each party (i.e. husband and wife). Thus your count may be off by 30-50%.
Best Regards,
Sean O’Toole
Founder/CEO
ForeclosureRadar.comJune 8, 2009 at 9:50 PM #413030GuestHi Eugene,
Be careful when using the counts returned by sdarcc.com. Like most of the county recorder sites, you will notice that many documents numbers are included in the results multiple times – one for each party (i.e. husband and wife). Thus your count may be off by 30-50%.
Best Regards,
Sean O’Toole
Founder/CEO
ForeclosureRadar.comJune 8, 2009 at 9:50 PM #413094GuestHi Eugene,
Be careful when using the counts returned by sdarcc.com. Like most of the county recorder sites, you will notice that many documents numbers are included in the results multiple times – one for each party (i.e. husband and wife). Thus your count may be off by 30-50%.
Best Regards,
Sean O’Toole
Founder/CEO
ForeclosureRadar.com -
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