As you review your mortgage documents, you’ll encounter two terms: “mortgagee” and “mortgagor.” Who on earth, you might wonder, are they? Who is the mortgagee? While legal language can b ...
Most mortgage providers (mortgagees) will require you (the borrower or mortgagor) to take out homeowners insurance to get a loan. Homeowners insurance provides you with protection against damage ...
The lender may file a notice of default when a mortgagor falls behind on their mortgage payments. Information on notices of default normally includes the borrower and lender's name and address ...
AB 238, also referred to as the Mortgage Deferment Act, to add Title 19.1 § 3273.20 et seq. (the “Mortgage Deferment Act” or the “Act”), ...
"Due process requires that a mortgagor be notified, to afford him or her an opportunity to safeguard his or her rights prior to the extrajudicial foreclosure of his or her mortgage, and the sale ...