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Deed of Trust Lender-Placed Insurance

Snell & Wilmer

New California Case Illustrates Peril of Full Credit Bid

Snell & Wilmer on

In a new California case, a lender that made a full credit bid at a foreclosure sale lost its right as mortgagee under a lender’s insurance policy for damage to the property that occurred prior to foreclosure. This was so...more

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