Deficiency Judgment
A deficiency judgment is the result of a judicial foreclosure, the process by which a lender takes you, the borrower, to court in an attempt to receive a judgment for the amount that they claim you ow
http://www.brokeroutpost.com/reference/97720.htm (Updated: 07/26/2007)
Related Reference Topics: [foreclosure, refinance, judicial, non judicial]

Foreclosure Process
Depending on which state the property being foreclosed is located, the home foreclosure process can take on one of two forms; judicial or non-judicial. In a judicial state, as the first step of the f
http://www.brokeroutpost.com/reference/139590.htm (Updated: 07/09/2007)

Save My Home
Saving your home from foreclosure can be a difficult process if you don't get the right kind of help. Borrowers who work together specialist whose focus is helping people refinance out of foreclosure
http://www.brokeroutpost.com/reference/103312.htm (Updated: 04/12/2007)
Related Reference Topics: [foreclosure, refinance, below 500, nod, ltv]

Notice of Default
A Notice of Default, or NOD, is one the first steps in a non-judicial foreclosure. A Notice of Default is filed by your current lender at the local county recorder's office. Receiving such a notice
http://www.brokeroutpost.com/reference/97722.htm (Updated: 03/13/2007)
Related Reference Topics: [nod, default, foreclosure, non-judicial]

Mortgage Terminology Part 2
Deed of Trust : An instrument that makes real property security for a loan; unlike a mortgage, may be foreclosed nonjudicially
http://www.brokeroutpost.com/reference/30186.htm (Updated: 04/21/2006)