
Documents necessary for Referral of Foreclosure
- Copy of Note
- Copy of Mortgage with recording information
- Copy of Intervening Assignments of Mortgage with recording information
- Copy of any Assumption and/or Modification Agreements
- Prior Loan Policy
- Pay-off Statement
- Copy of Demand/Acceleration Letter
- Loan Delinquency information
- Borrower's Social Security number
- Occupancy information
- Itemized calculation of delinquency including escrow and corporate advances
- Property Address
- Amount of Original Loan
- Date of Loan Origination
- Loan Number
- Initial Interest Rate
- Current Interest Rate
- Unpaid Principal Balance
Documents necessary for Referral of
Co-Op Foreclosure
- Original Security Agreement
- Recognition Agreement
- Proprietary Lease
- Assignment of Proprietary Lease
- Stock Certificate
- UCC-1 Financing Statements
- Co-op Note Loan
- Application
- Monthly maintenance information
- Square footage
- Number of bedrooms
- Managing Agent Contact Information