October 15, 2019

New Jersey Overhauls its Mortgage Foreclosure Laws

Consumer Financial Service Law Report
Bob Jaworski | Victoria M. LeCates

Financial Services attorney Bob Jaworski and Litigation attorney Victoria LeCates describe a nine-bill package aimed at ending New Jersey's foreclosure crisis. The bills expand mediation, create additional licensing requirements and shorten the statute of limitations applicable to foreclosures, among other measures. They represent a bi-partisan response to a 2018 report detailing the foreclosure crisis and providing recommendations to address it. New Jersey has the highest foreclosure rate of any state.

READNew Jersey Overhauls its Mortgage Foreclosure Laws

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