Foreclosures-by-Lawsuit Likely to Increase Following New Supreme Court Decision
Residential foreclosures in Washington probably just became more difficult and expensive for lenders. In a usual foreclosure, when the borrower stops paying the mortgage, the lender directs a third-party “trustee” of the deed-of-trust (mortgage) to go through the foreclosure process. This process rarely involves the courts. Instead, there is a “non-judicial” process under Washington… Read More