My question involves a foreclosure in the State of: California
I am 5 months late on my first mortgage and 4 months late on my 2nd. I have received a letter from my 1st stating "any payments must be done through the law office and may include legal fees." I checked with the county and there has been no filing for foreclosure yet. I have found a private loan to come current on all my payments and asked for a bill to bring the loan current. 1st said I must get the figures for the "loan reinstatement" from the lawyers office. The law office said they would order the figures which would take up to 5 days.
1) Is there a formula limiting these lawyer fees and late charges?
2) If paid up to date are they required to reinstate my loans with the same terms?
3) What are the time constraints for reinstating?