Tuesday, June 16, 2009

Little relief in new foreclosure law - Inside Bay Area

Lenders in California now have to provide a 90-day moratorium on foreclosure proceedings where no effort was made to work with the borrower to modify the terms of a home loan under a new state law rolled out Monday. But don't expect automatic or ..., more 
and LPO Industry Drives 495% Revenue Growth in 2009 as it Responds to ... - Biloxi Sun Herald  Economic, workforce and consumer trends indicate Legal Process Outsourcing is a booming industry SARASOTA, Fla., June 16 /PRNewswire/ -- Legal Process Outsourcing (LPO) is one of the fastest growing industries today. Despite an economic recession ..., more 
and Foreclosure freeze prods banks to modify loans - San Francisco Gate  The California Foreclosure Prevention Act, signed by Gov. Schwarzenegger in February, adds 90 days onto the time period between when homeowners default on a loan and when their home can be repossessed in foreclosure. Banks can avoid the 90-day holdup ..., more 

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