Posted on: 04th Apr, 2004 11:54 pm
Serious Delinquency refers to a single-family mortgage that is 90 days or more past due date. It is also multifamily mortgage that is 2 months or more past due date.
Key Features of Serious Delinquency:
Related Articles:
Key Features of Serious Delinquency:
- This situation arises when a borrower lags behind in making mortgage payments, when they are due.
- Simply, it is a loan in which payment is overdue.
- It leads to foreclosure of property.
Related Articles:
Your Web Site is really wonderful and I bookmarked it. Thank your for the hard work you must have put in to create this wonderful facility. Keep up the excellent work!
I also find it mind boggling how much effort must have gone into this incredible resource for home owners.
Hello to all :) I can't understand how to add your site in my rss reader. Help me, please
Hi,
Just send a mail to Sam, the Admin of this community. He'll be able to advice you on this. You'll get Sam's email address from the Contact Us page.
Take care
Just send a mail to Sam, the Admin of this community. He'll be able to advice you on this. You'll get Sam's email address from the Contact Us page.
Take care