The firm has opened offices in the Northwest region and made new appointments to head the region. Here are the details.
Read More »Judicial Foreclosure vs. Lender Behavior
Weighing in on the pros and cons of judicial and nonjudicial foreclosures, a brief examines the impact these procedures have on lenders and borrowers.
Read More »Fannie Mae Updates Foreclosure Time Frame Exhibit
It was originally announced by Fannie Mae in a Servicing Notice nearly two years ago that new foreclosures in the District of Columbia must be commenced as judicial foreclosures.
Read More »Counsel’s Corner: Legal Hurdles – Managing Change While Striving for More Transparency
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Mike Zevitz, Shareholder and Managing Attorney for SouthLaw, P.C.
Read More »Report: Foreclosure Rate in Judicial States More Than Triple That of Non-Judicial States
The foreclosure rate in judicial states was more than triple the rate in non-judicial states in January (2.4 percent compared to 0.7 percent, according to CoreLogic). New Jersey, a judicial foreclosure state, led the pack in foreclosure rate with 5.2 percent of all residential homes with a mortgage in some state of foreclosure during January. Second was New York, another judicial foreclosure state, with 4.0 percent.
Read More »South & Associates Adds Three New Attorneys
Creditors' rights law firm South & Associates, with five locations in the Midwestern United States, has announced the hiring of three new associate attorneys for its West Des Moines, Iowa, office.
Read More »NC Court Issues Non-Judicial Foreclosure Ruling
Mortgage note holders in North Carolina can no longer voluntarily dismiss more than one non-judicial foreclosure without being banned from filing additional non-judicial foreclosures, the North Carolina Court of Appeals ruled earlier this week.
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