The California legislature recently passed Assembly Bill 2424, which, as more fully explained below, will have a significant and imminent impact on the nonjudicial foreclosure process of residential real estate. Existing...more
12/4/2024
/ Assessment ,
California ,
Fair Market Value ,
Foreclosure ,
Foreclosure Sales ,
HUD ,
Lenders ,
New Legislation ,
Notice of Default ,
Notification Requirements ,
Residential Property Owners ,
Third-Party ,
Trustees
After not taking action and allowing the 2020 foreclosure moratorium to expire on December 31, 2020 (“2020 Act”), the Oregon legislature took action in May to pass House Bill 2009 (the “2021 Act” or the “Act”), reinstating...more
6/10/2021
/ CARES Act ,
Commercial Property Owners ,
Coronavirus/COVID-19 ,
Executive Orders ,
Forbearance Agreements ,
Foreclosure ,
Governor Brown ,
Loss of Income ,
Moratorium ,
New Legislation ,
Notification Requirements ,
Oregon ,
Private Right of Action ,
Undue Hardship