Sophia Smith

When a lender obtains a termination of the mortgagor's equitable right of redemption, the borrowers file a defense to fight against the lender's action. The strategy adopted by the borrower in order to defend the foreclosure action of lender is termed as foreclosure defense

ALG & Associates Explain the Incentives that Encourage the Use of Short Sales

Law Office of ALG & Associates commented that "these rule changes will greatly speed up the processing time for short sales." However, Law Office of ALG & Associates cautioned that "it has never been more important to find an experienced short sale specialist" as the "these rules will only assist knowledgeable practitioners." Law Office of ALG & Associates attributes delays in short sale approvals "not only due to lenders but also due to poorly worded and poorly documented short sale requests