What is the name of your state (only U.S. law)? CA
Borrowers have either not paid a monthly payment to us or when they have, it is below the monthly pymt amount (per the loan docs). If we choose to foreclose (we are in the 1st position), what is the approximate cost and time frame of the foreclosure process?
Thank you for your time.
Borrowers have either not paid a monthly payment to us or when they have, it is below the monthly pymt amount (per the loan docs). If we choose to foreclose (we are in the 1st position), what is the approximate cost and time frame of the foreclosure process?
Thank you for your time.