Mortgage Video Series: Mortgage Remedies, Super-Priority, and More

Welcome to another episode in our ongoing series exploring the intricacies of notes and mortgages in the mortgage industry! This time, Marty Frenkel is joined by Brian Nettleingham, a seasoned expert from Maddin Hauser with over 20 years of experience in financial services.

In this episode, we dive deep into the Mortgage Document and how its provisions safeguard the lender’s interest, even in complex scenarios. Topics include:

• The basics of foreclosure and the importance of “perfection”
• How tax liens, HOA liens, and other super-priority liens can impact first-lien priority
• Key mortgage provisions like escrow, due-on-sale clauses, and forced-placed insurance
• The “payment waterfall” process and its role in prioritizing payments