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Sam · Posted: Sun Apr 04, 2004 11:54 pm Post subject: Serious Delinquency

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:

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:

Delinquency - Failure to make mortgage monthly payment

Guest

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Guest

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sara · Posted: Fri Feb 06, 2009 4:53 am Post subject:

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

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