Category Archives: nonjudicial states

American Banker: New wrinkle in the foreclosure mess

New Point of Foreclosure Contention: Default Notice Last year’s robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 states. At issue is the notice of default, the first letter that a mortgage lender or servicer […]