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Mortgage Foreclosure Terms and Abbreviations

By August 20, 2020 No Comments

One complaint we hear quite often is board members don’t understand the terms and abbreviations being used during a foreclosure case. Attorneys will toss them around like everyone has worked in foreclosure law for years. While it might seem simple to an attorney that a CMC is a case management conference, most people will never hear this term in their day to day life. We too have been guilty of using abbreviations that aren’t commonly known, but LM Funding always strives to explain things in a way that everyone will understand. With this in mind, we created a list of terms and abbreviations that you might hear during a mortgage foreclosure case. Understanding these will take some of the mystery out of the foreclosure process. Click on the button below to download a copy of the terms sheet! As always, if you have any questions please don’t hesitate to send us an email. We are always happy to help.

 

Click to Download a Copy