Toxic Titles: Part Two – “Don’t mind me if I put an extra lien on your home”, says bank.

Continuing the “Toxic Title” issue The second nasty title cloud appears when homeowners have modified their loan or taken the dreaded “HomeSaver Advance” which was rampant the last few years. Let’s examine the result of a typical HomeSaver Advanced deal.  Imagine falling several payments behind and now you owe the bank $8,000 in past due [...]