This page explains what a residential foreclosure is, the steps involved in the process, and where to get help. You need to write the Foreclosure letter to the branch manager.Also, make sure you state the reason for foreclosure very clear and concise. Foreclosure means your creditor is trying to take your house and sell it to collect the money you owe. This happens when you get behind on your payments. Learn about each step in a Utah foreclosure, from missing your first payment to a foreclosure sale. We have included some samples of foreclosure letters, as well as some examples of house loan foreclosure letter formats, to make things easier. ALL sections of the enclosed loss mitigation package must be filled out and returned to our office. The note represents the promise or agreement of the homeowner.
