The house you were renting is going to a forclosure because the owner did not pay the mo rtgage company?

Answer 1

a mortgage is a secured loan - that means if the owner cannot or will not make his mortgage payments, the mortgage company can seize the house. if the mortgage company seizes the house, any leases are voided meaning tenants are not protected and are pretty much at the mortgage company's mercy. generally speaking, they still have to be provided adequate notice (30 days or 60 days is the usual amount depending on jurisdiction).