New legal bar to foreclosing on long-time nonperforming second mortgages
A new law provides property owners additional defenses against servicers of old, “zombie mortgages.”
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Tag: loan servicer
New law clarifies homeowner foreclosure protections provided by mortgage servicers
SB 1146 clarifies some foreclosure protections while letting mortgage servicers off the hook for others.
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Loan production costs are drowning mortgage brokers
Just 32% of loan companies were able to remain profitable in 2022.
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May a mortgage be assigned to a new loan servicer while it is in default?
Myles v. Pennymac Loan Services, LLC Facts: An owner defaults on a mortgage secured by their...
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