In a perfect world, lenders would make loans to borrowers, borrowers would make the payments due under the loan, and upon maturity the loan would be paid off. Unfortunately, that perfect scenario doesn’t always happen, and lenders must be tactical when understanding what to do when a borrower defaults. Our attorneys are expert strategists in loss mitigation and default management and provide attendees with the best methods to navigate nonperforming loans, including an in depth analysis on whether to pursue judicial or nonjudicial foreclosure as part of a lender’s strategy in California.
You will learn:
What are the available options for lenders when a borrower defaults?
What foreclosure restrictions or hurdles are currently in place in California?
The process, timelines, and potential challenges lenders face when foreclosing.
The strategy behind deciding whether to pursue a judicial vs a nonjudicial foreclosure in California.
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