[COLUMN] I received a notice of default / pre-foreclosure notice. What should I do?
A Notice of Default (NOD), also known as a Pre-Foreclosure Notice, is a notice sent to a homeowner when they have defaulted on their mortgage payment at least 3 months consecutively. If a homeowner does not cure the payments in arrears, they are at serious risk of losing the property by the lender. The lender…