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Foreclosure › New Legislation › Property Owners

Foreclosure is a legal process whereby a lender seeks to force the sale of a mortgaged property in order to recover the balance of a delinquent loan. Recently, the foreclosure process has been the subject of... more +
Foreclosure is a legal process whereby a lender seeks to force the sale of a mortgaged property in order to recover the balance of a delinquent loan. Recently, the foreclosure process has been the subject of greater legislative and judicial scrutiny after systemic abuses were uncovered during the widespread foreclosure crisis resulting from the Great Recession. less -
Nelson Mullins Riley & Scarborough LLP

Reacting to Tyler v. Hennepin County: Massachusetts Passes Surplus Funds Revisions

Nelson Mullins Riley & Scarborough LLP on

In a landmark shift towards protecting delinquent taxpayer’s interest in surplus funds generated from tax lien foreclosures, Massachusetts enacted a law as a part of its 2025 budget to revise the way surplus funds are...more

Sheppard Mullin Richter & Hampton LLP

California Legislature Extends Residential Eviction Moratorium and Implements Rental Assistance Program for Landlords and Tenants

Sheppard Mullin Richter & Hampton LLP on

Effective February 1, 2021, the California Legislature and Governor Gavin Newsom approved Senate Bill (“SB”) 91 – Eviction Protection and Relief Act in further response to the ongoing COVID-19 pandemic. In essence, SB 91...more

Schwabe, Williamson & Wyatt PC

Does Oregon's Emergency Time Extensions During the COVID-19 Pandemic Give Contractors, Suppliers, and Design Professionals More...

Schwabe, Williamson & Wyatt PC on

In response to the ongoing delays and uncertainty caused by the COVID-19 pandemic, Governor Brown signed House Bill 4212 into law in June 2020. The law contains a number of remedial measures affecting the functioning of local...more

Poyner Spruill LLP

Notice Requirements for Protection of Tenants in Foreclosure Actions Session Law 2015-178

Poyner Spruill LLP on

The Federal “Protecting Tenants in Foreclosure Act of 2009” expired on December 31, 2014. The North Carolina General Assembly has adopted Session Law 2015-178 which reinstates many of the same protections for tenants as...more

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