Section Newsletter Articles on Foreclosures

Response to article pertaining to third-party purchaser at judicial foreclosure sales By Phillip H. Ward, Jr. Commercial Banking, Collections, and Bankruptcy, March 2003 Messrs. Moody and Potter's thorough article on representing a potential third-party purchaser at a foreclosure sale (Real Property Newsletter, October 2001) furnishes an excellent argument for their firm (and many others) to change its sale procedure.
Foreclosure of residential mortgages By Kyle Rominger Young Lawyers Division, April 1999 Foreclosing a residential mortgage consists of four main steps. First, a complaint is filed against all parties with an interest in the property. Second, a judgment of foreclosure against those parties is obtained.