{"id":7245,"date":"2019-10-15T10:43:01","date_gmt":"2019-10-15T18:43:01","guid":{"rendered":"http:\/\/trainingpips.com\/?post_type=glossary&p=7245"},"modified":"2019-10-15T10:43:03","modified_gmt":"2019-10-15T18:43:03","slug":"notice-of-default","status":"publish","type":"glossary","link":"https:\/\/app.trainingpips.com\/index.php\/glossary\/notice-of-default\/","title":{"rendered":"Notice of Default"},"content":{"rendered":"

A notice<\/a> to a borrower with property as security under a mortgage or deed of trust<\/a> that he\/she is delinquent in payments. If the delinquency (money owed and late), plus costs of preparing the legal<\/a> papers for the default<\/a>, are not paid within a certain time, foreclosure<\/a> proceedings may<\/a> be commenced.<\/p>\n","protected":false},"excerpt":{"rendered":"

A notice<\/a> to a borrower with property as security under a mortgage or deed of trust<\/a> that he\/she is delinquent in payments. If the delinquency (money owed and late), plus costs of preparing the legal<\/a> papers for the default<\/a>, are not paid within a certain time, foreclosure<\/a> proceedings may<\/a> be commenced.<\/p>\n","protected":false},"author":3,"featured_media":0,"menu_order":0,"template":"","meta":{"footnotes":""},"glossary-categories":[],"glossary-tags":[],"glossary-languages":[],"class_list":["post-7245","glossary","type-glossary","status-publish","hentry"],"post_title":"Notice of Default","post_content":"\n

A notice to a borrower with property as security under a mortgage or deed of trust that he\/she is delinquent in payments. If the delinquency (money owed and late), plus costs of preparing the legal papers for the default, are not paid within a certain time, foreclosure proceedings may be commenced.<\/p>\n","_links":{"self":[{"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/glossary\/7245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":0,"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/glossary\/7245\/revisions"}],"wp:attachment":[{"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/media?parent=7245"}],"wp:term":[{"taxonomy":"glossary-categories","embeddable":true,"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/glossary-categories?post=7245"},{"taxonomy":"glossary-tags","embeddable":true,"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/glossary-tags?post=7245"},{"taxonomy":"glossary-languages","embeddable":true,"href":"https:\/\/app.trainingpips.com\/index.php\/wp-json\/wp\/v2\/glossary-languages?post=7245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}