Paying off Pre Foreclosure

[Karl Johnson]

Is it possible to open up an escrow account & deposit the needed funds to pay off a pre-foreclosure debt?

EX: -Homeowner defaults on loan

  -They somehow get cash needed to make mortgage current

  -They go to title company or attorney & open up escrow

  -Escrow takes the sum of money and gives it to mortgage lender

  -Payments are now current

Now I'm sure there are other smaller details I might be leaving out but is that possible to do or would the homeowner need to pay the mortgage lender directly instead of using escrow?