Defenses against a Foreclosure

LIST Code: HO-08-01-00-00

LIST Code

HO-08-01-00-00

Title

Defenses against a Foreclosure

Definition

This category concerns options a homeowner may have to defend against a foreclosure action. These defenses can include that the bank didn't follow state procedures; that the loan holder can't prove that they own the loan (they lack standing); that the mortgage servicer make a serious mistake; that the homeowner is a service-member on active duty; or that the statute of limitations has passed.

Other Taxonomy Terms

These terms in other taxonomies are equivalent to this term. They are mapped to each other.

  • NSMI v1 Taxonomy: 1670300
Last updated on Jul 01 2022

Copyright © 2024 The Leland Stanford Junior University (Stanford University). All Rights Reserved.