Webinar: Properly Handling Mortgage Foreclosures
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On Tuesday, March 23, 2021 from 10:00 AM-11:00 AM, four of our partners will present Properly Handling Mortgage Foreclosures. This presentation will be moderated by the firm’s managing partner, and it is geared towards special asset departments of banks and financial institutions. This webinar will address what is new in foreclosures, including recent developments in the law since the last foreclosure crisis and how banks can utilize the law to their advantage. Best practices for handling mortgage foreclosures and common issues encountered during the process will also be addressed. These unexpected issues can sometimes derail the process and disrupt the lender’s ability to promptly and fully recover the loan balance, such as:
- The foreclosure is contested by the borrower
- The borrower filed for bankruptcy during the foreclosure lawsuit
- The borrower passed away before or during the foreclosure lawsuit
- There is a tenant in the foreclosed property
- The lender didn’t recover the full balance of the debt from the foreclosure sale
- Marketability of the title
Fine-tuning your knowledge on these topics will help you avoid problems on the front end while also being prepared to mitigate any variables. This webinar will be presented by partners Austin B. Calhoun, A. Hunter Faulkner, Austin T. Hamilton, and Brandon C. Meadows and Charles B, Jimerson will moderate.
Tuesday, March 23, 2021
10:00 AM – 11:00 AM