The investor should file a written complaint with CMIC stating the grounds for the complaint and attaching thereto documents to support the claim. If CMIC finds that there is probable cause for the complaint, CMIC will commence investigation.
A default judgment is a judgment entered by a civil court when a defendant does not respond timely to a plaintiffâs lawsuit brought against him.
The summary judgment hearing means the foreclosure lawsuit is resolved fast, because the summary judgment ends the dispute in a âsummaryâ fashion and the bank gets a judgment to use in foreclosure proceedings on the home.