Insurer Can Sue for Unpaid Mortgage Debt
Emil Fleysher
March 12, 2013
The most important thing to learn before short selling a property or having the lender foreclose upon is whether or not the renouncing of the deficiency will happen. If the deficiency has been waived then you do not have to pay that debt. If the deficiency was not waived when your property was short sold or foreclosed upon and your loan had private mortgage insurance; then make preparations for a