The whole 3 to 6 month idea you explained seems to ignore earlier in the story when the security instrument was foreclosed so it does not exist any longer therefore no further delinquency or default can occur.

The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument.

Can't really tell because you need to look at the source documents, instruments.

Once you hone in on a more selective set of properties you are considering, and especially if you are in a state where unrecorded or misrecorded property interests can potentially have priority over properly recorded instruments, it might be worth your while to order title search prior to the sale.

If you don't have this specific security instrument, look at the language in the body of your mortgage, even residential mortgages have language to the same effect.

Upon the creation and execution of the security instrument a trustee is designated, which is typical for all DOT's.

When a Mortgagee is enforcing the remedies provided in the security instrument and note, it is safe to assume usually the borrower and mortgagee are not the best of friends.

The E-Myth Revisited was instrumental in my thinking about entrepreneurial matters.As for what makes me successful, it's likely my laziness.  

MERs can be assigned as a function of the instrument or post origination.  

What immediately comes to mind is financial services - not retail banking but developing and managing real estate related investment instruments (think ETFs).I think you'll be well served with a business degree with finance major (or concentration, if you go to a school where business would be the major).