Like the pig through the python, we are still seeing homeowners slowly going through the unpleasant process of foreclosure, seven years after the housing and credit crash began, in earnest, in 2008. Yes, there are fewer than before, but they cause the same trauma and upset they always have. However, some things have changed today. For example, some banks and servicers have gone back to doing non-judicial sale, which materially speeds up the process.
Accordingly, I thought I’d update my Foreclosure FAQs for 2015. For those still plagued with questions about the process, this may provide some help and information to make it more understandable and less fearsome. Go to link here. Good luck! ~PCQ
