The dealer must, within 7 days, notify the lien holder in writing that the vehicle has been traded in. This page explains what a residential foreclosure is, the steps involved in the process, and where to get help.ALL sections of the enclosed loss mitigation package must be filled out and returned to our office. Learn about title problems in foreclosure cases. Ascent Law Firm guides you through issues that can arise during foreclosure proceedings. There are other lenders that deal with jumbo loans and have additional standards for qualification for a home loan. Here are different types of debt consolidation and what you need to consider before taking out a loan. For example, the servicer may typically act on behalf of the owner of the loan in the foreclosure proceeding. Servicing your Intercap Lending mortgage. The online borrower portal makes managing and paying your loan fast and easy.