Washington Supreme Court Prohibits Non-Judicial Foreclosure on HELOCs
In Washington State, when a property owner defaults on a loan secured by a deed of trust, the beneficiary under the deed of trust has many options for enforcement, including, but not limited to, nonjudicial foreclosure, a statutory procedure governed under RCW 61.24 (known as the “Deed of Trust Act” or “DTA”). The DTA enables… Read More
