...consistently held that a properly conducted nonjudicial foreclosure within four years of a borrower’s death is a perfectly legitimate sale. It is sufficient to pass legal title to the foreclosure...
Read More »Search Results for: nonjudicial foreclosure
Did You Ever Wonder What It Takes to Enjoin a Foreclosure Sale?
...and controls the foreclosure process. Nonjudicial foreclosures, on the other hand, do not involve the court system. As a result, borrowers trying to stop the foreclosure sale must file a...
Read More »A Life in the Default Profession
...complaint-filing fees for foreclosures specifically changed. When we opened the firm in 2004, it cost $278 to file any foreclosure case. Now, the overwhelming majority of foreclosure cases fall under...
Read More »Is Your Program CARES Act Compliant?
...be shortened. Foreclosure Moratoria Section 4022(c)(2) of the Act further provided that servicers of federally backed mortgage loans could not initiate any judicial or nonjudicial foreclosure process, move for a...
Read More »Keeping Afloat in Financial Services Law
...level is $161,300, far below the national median of $226,300, but the city still faces other foreclosure-related challenges—notably, property tax foreclosures. According to The Detroit News, around one in four...
Read More »Law Firms and Mortgage Servicers Convene in Dallas
...some of the year’s major developments such as the Supreme Court’s ruling in Obduskey v. McCarthy & Holthus, in which the justices ruled 9-0 that businesses engaged in nonjudicial foreclosure...
Read More »Mortgage Servicing Professionals Meet With HUD for Policy Discussion
...Obduskey v. McCarthy & Holthus LLP, which found that businesses engaged in nonjudicial foreclosure proceedings are not considered "debt collectors" under the Fair Debt Collection Practices Act. Iseley told DS...
Read More »Charting the Path Forward for Mortgage Servicing
...Holthus LLP. The Court found that businesses engaged in nonjudicial foreclosure proceedings are not considered "debt collectors" under the Fair Debt Collection Practices Act. The NMSA meeting was part of...
Read More »Tromberg Law Group Takes on Virginia
...ALFN events and other continuing legal education seminars on topics including nonjudicial foreclosure in Virginia, title curative measures, moving into management, and how to bridge the age gap between baby...
Read More »The Obduskey Effect: Foreclosures, FDCPA, and the Supreme Court
...least with respect to nonjudicial foreclosures. At issue before the court was whether a law firm engaged in a nonjudicial foreclosure action was a “debt collector” under the FDCPA. As...
Read More »