A mortgage debtor assumes a double risk: the risk of losing the mortgaged property for a default under the obligation secured by the mortgage, plus the risk of being saddled with personal liability ...
Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning more to deeds-in-lieu of foreclosure. Slightly more than 20,000 deeds-in-lieu of foreclosure ...
The prospects of refinancing many office projects are low, given their plummeting valuations. But resolving this with a deed ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The special warranty deed was ...
While traditional enforcement often requires judicial intervention, alternative resolution strategies can deliver superior outcomes with reduced costs, compressed timelines, and diminished ...
A newly built apartment complex in West Oakland has been seized by its lender after a nearly $60 million loan default.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The friebdly foreclosure came ...
Commentary Real Estate Personal Liability Following a Deed in Lieu of Foreclosure in New Jersey "This makes a deed in lieu of foreclosure an attractive loss mitigation option for a defaulting ...