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Edington Trapani

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Alternatively, in a foreclosure, the loan provider will end up selling the property either at a public foreclosure auction or as an REO (bank "Real Estate Owned"), and, after paying the foreclosure and sales expenses, the loan provider will have a lump sum of loan which it can (hopefully) re-lend to a new customer at current rates of interest.

Get Mortgage Assistance From the Housing Finance Agency in California