Default Strategies Part 3: Foreclosure Process

Part 3/4 in the Default Strategies Series! Carrie Cook, President of Ignite Funding, and Misty Bethany, Chief Compliance Officer, discuss what happens after the Notice of Default has been filed, the execution of the Foreclosure Process, and what they do to protect the investors at Ignite funding. For more information read our Default Guidebook or visit our Investor Loan Services page on our website. Time Codes: 2:40 Judicial State vs. Non- Judicial State 6:30 Default Portal on our Website 10:02 Balloting Investors vs. Filing NOD 17:30 Loan Modification 21:15 Loan Forbearance 21:55 What is a Deed and Lieu 25:45 Default Expenses 34:40 Lift stay 35:50 Borrower Default example 49:13 Investor FAQ’s 55:00 Postponement of the foreclosure Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted. Follow us on social media: -Instagram -Twitter -LinkedIn -Facebook -YouTube -TikTok Visit our website Download our FREE Default Guidebook Disclaimer: Ignite Funding, LLC | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.