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Thursday, October 14, 2010

CNN's Produce the Note Strategy to Delay Foreclosure



Whether you are facing foreclosure, have an underwater mortgage, or are just a concerned homeowner, it's important that you contact your bank and demand to see the original note on your mortgage.

Your home could be owned by the wrong bank, or you could even be paying the wrong amount on your mortgage.

This clip was recently on CNN and helps homeowners who are behind on their payments learn how they can search for a lawyer and ask the courts to have the mortgage bank or servicer produce the note (and hopefully they don't use a robo-signer).... This technique may be able to buy your family several extra months in your home.

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