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Attorney Steve's overview of CHBOR 2923.6 dual tracking law

  • Broadcast in Legal



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If you are facing foreclosure in California, or your primary mortgage (1st lien) and your loan servicer is not playing by the rules (i.e. the California Civil Code which dicatates how loan servicers must treat you in the loan modification process, listen in as Attorney Steve, the real estate lawyer, discusses the topic of "dual tracking" (which basically meeans setting you up for foreclosure by filing a notice of default or notice of sale, while also pretending to review you in good faith for a loan modification).

Where there is a violation of California 2923.6 dual tracking and if a wrongful foreclosure results, you could be entitled to up to $50,000 or three times your actual damages (if you have lost equity) this could be HUGE lawsuit against your loan servicer.