Foreclosure in 11003>Question Details

Tmc5861, Home Owner in 11003

What does it mean when your mortgage company says that you are in litigation?

Asked by Tmc5861, 11003 Mon Jun 18, 2012

I have a pending modification with my mortgage company and they just told me that my house is in litigation. They said they could not explain it to me..what does this mean?

Help the community by answering this question:

Answers

2
Do you mean loss mitigation...if not, it could mean they have begun foreclosing; you can check with your local county clerk to see if any notices were filed. For any necessary legal advice do consult with an attorney who specializes in real estate....
0 votes Thank Flag Link Mon Jun 18, 2012
Your lender may have started a foreclosure action against you.
0 votes Thank Flag Link Mon Jun 18, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer