Shellpoint Mortgage Foreclosure

Shellpoint Mortgage Foreclosure

shellpoint mortgage foreclosure

Shellpoint Mortgage Foreclosure Processes. This mortgage servicing company, from Texas, has been in business since 1977. The company promises a 100% no-risk guarantee. But many homeowners find out too late that the company is not telling the truth. After reviewing this article, you’ll want to learn more about the Shellpoint Mortgage Foreclosure Process. As stated above, the company promises a 100% no-risk guarantee. But what if your lender or mortgage lender discover that you were not made aware of the lawsuit? If this happens to you, then Shellpoint can be liable for fraud and you may be able to receive compensation for past due mortgage payments, penalties and charges, foreclosure costs, and more.

shellpoint mortgage foreclosure process

– What is “chase my shellpoint” referred to? A “chase” is when you have fallen behind in your mortgage payments. You try to work with your mortgage servicer or lender to catch up and start making payments on time. Unfortunately, things just are not going as planned and you are still falling behind. In this situation, you may be interested in learning more about “chase my shellpoint” letters.

– What is “chase my shellpoint” referred to? A “chase home modification” is an agreement between you, the homeowner, and your lender, the indenture trustee. Under this arrangement, the lender agrees to defer payments and interest while you, the homeowner, makes timely payments to the mortgage holder. Essentially, you are trying to “catch up” so that you can make your payments on time.

– What is “4 million dollars worth of damages?” The amount of damages that can be awarded in a Florida foreclosure lawsuit depends on what state laws dictate. In Florida, for example, damages are limited to four thousand five hundred dollars. The actual dollar amount will vary based on a variety of factors, including how long you were delinquent, how much damage was done to your home, and any other circumstances surrounding the sale of the property. For more detailed information, it is best to speak with a certified foreclosure defense attorney who can give you further information on the specifics of your particular circumstance.

It is important to understand these terms because you need to properly reference them in your correspondence to the mortgage company. If the terms are not clearly defined, there can be potential problems down the road. For instance, in a case in which you fall behind in your payments, your lender may try to force you to refinance or sell your home. However, if you do not provide verification that you were properly paying according to the terms of the plan negotiated with the lender, you run the risk of being labeled as a “bad customer” by the company and losing your home. This could mean financial ruin for you and your family, so it is critical that you are very clear on the meaning of certain terms before entering into any agreements with foreclosure sales stopped in Massachusetts.

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