Are you behind on your payments? Sometimes when a borrower gets far enough behind the lender stops accepting individual payments and wants to work out a long term solution. This can included a repayment program, loan modification, short sale, deed in lieu of foreclosure or just outright foreclosure. Lenders will often try and work with you, if you get in touch with them. The critical thing is to be in touch with your servicing lender.... more
I think you may mean a notice of default. They will probably want all past due funds and legal fees to take it out of default though. But you never know call them and see if you can work out something.