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#2113717 - 01/10/17 03:03 PM 120 day foreclosure rule - 1024.41(f)
scottb Offline

Registered: 09/28/06
Posts: 71
I seem to remember the CFPB clarifying what constituted being "120 days past due" back in the Fall. I cannot seem to find the citation now. Was it a loan 120 days late based on the due date? or was it a loan that had been consistently past due for 120 consecutive days (i.e. loan due for 9-30-16 on 11-30-16 BUT the loan hadn't been current with all interest and princ 7-30-16)?
Any citation would be appreciated.

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#2113718 - 01/10/17 03:12 PM Re: 120 day foreclosure rule - 1024.41(f) [Re: scottb]
Norman Paperman Offline
Diamond Poster

Registered: 08/07/12
Posts: 1178
Loc: 36.071672, -93.214366
Maybe you just wanna fly the plane yourself. Well good luck pressing take off, then auto pilot, then land.