You’ve Been Sued. Now What?
September 9, 2015 – Quotes & Mentions
Bank Director
Foreclosure lawsuits against defaulting borrowers may seem relatively straightforward, but they often elicit counterclaims that can be costly for a bank. Compliance with state and federal laws and acting in accordance with the terms of the mortgage or deed of trust can limit a bank’s exposure to significant defense costs and potential liability.
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