Judicial foreclosure is the process where the lender files a lawsuit in civil court against the delinquent borrower and receives a judgment for foreclosure and the deficiency balance. The judgment is enforceable against the...

The post-pandemic economic recovery, supply chain strain, high interest rates and geopolitical tensions have combined to create an unsettled market in commercial real estate. This has led to the anticipation of a surge in...

How to Protect Yourself from Wire Transfer Scams   Imagine you’re 28 years old and, having just sold your computer company, you’re sitting on a pile of cash. Wouldn’t it be great to buy your first house? Wouldn’t it be even...

Reminder:  Have You Filed Your BOI? In case you missed the news, domestic corporations, Limited Liability Companies (including single member LLCs), limited partnerships, business trusts, and other entities must file a Beneficial...

I. INTRODUCTION Fraud and deception by “fraudsters” who pose as “borrowers” is rampant and very costly to lenders. While most lenders attempt to insulate themselves from the risks of fraud and deception by purported “borrowers”...