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Re: moratorium

Posted by Craig in LA on June 10, 2009 at 10:36 AM

In Reply to: moratorium posted by KevinOC on June 09, 2009 at 9:15 AM

: What is the current status of the foreclosure moratoriums in California? Either the rumored bank agreed ones, or any put in place by govt.?

There are not any right now. Lenders are playing beat the clock to get NOD and NTS notices on line before the NOD notice period increases to six months at the end of this month. Expect a real spike in activity when the May and June numbers come out.


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