Note: When preparing this form, the attorney should carefully review Tex. Prop. Code §§ 51.0001, 51.0025, and 51.0075 and Tex. Bus. & Com. Code §§ 3.203 and 3.301 to ensure any reference to a person accurately describes the role the person holds or performs in the context of a foreclosure proceeding, e.g., references to “noteholder,” “beneficiary,” “owner,” “lender,” “obligor of the debt,” “mortgagor,” “mortgagee,” or “mortgage servicer” as appropriate.
Loan Referral Acknowledgment
Client’s Name: ___________________________________
Client’s Contact’s Name: ___________________________________
Client’s Title: ___________________________________
Client’s Contact’s Fax or Email Address: ___________________________________
Loan Number: ___________________________________
[Borrower’s/Borrowers’] Name[s]:________________________________________
We have received your referral of the above-referenced loan and, per your instructions, we shall process the loan for a nonjudicial foreclosure sale.
We propose to post the notice for foreclosure sale on [date], and we are scheduling the foreclosure sale for [date].
We will order a title report and will send you a copy of the same as soon as we receive it.
We have attached an Appointment of Substitute Trustee form and an accompanying affidavit. Please have the appropriate person sign the Appointment of Substitute Trustee and return it so that we can process the foreclosure on the above loan. We need to have the form signed before [date foreclosure notice will be posted].
Please make sure that you have given us the last known address shown in your records for all obligors/borrowers. Please check your records and make sure that the obligors/borrowers have not sent you a new address. Please also verify that the street address for the deed of trust collateral is the correct and actual address.
This communication confirms the fact that we have not been requested to obtain any environmental assessments or any other environmental search, test, or certification of the deed of trust collateral.
Thank you for the opportunity to be of service to you. Please call if you have any questions.
[Name and address of contact attorney]
[Phone number]
Include attachments. |