Don't Let Borrowers Turn the Tables: Assessing and Avoiding Lender Liability Claims
|Audio & Reference Manual||$219.00||Add to Cart|
Beware, lenders and loan servicers are at risk for lender liability claims brought by borrowers.Despite recent improvements in the nationwide economy, credit markets are still tight and loan defaults remain high. As a result, both lenders and loan servicers are at risk for lender liability claims brought by borrowers, guarantors, and even third parties. For years, these claims were used mainly as stall tactics during foreclosure and bankruptcy proceedings, but now they are increasingly used as leverage during workout negotiations. As the market improves and borrowers have more potential equity to protect, they are becoming even more aggressive in using these claims. Third parties have also become more creative in pursuing claims against lenders related to borrower misconduct.
Rachel M. Blise, Foley & Lardner LLP
Self Study Credit - Audio & Reference Manual
Sponsored by Lorman Education
|CLE||1.5||AZ, CA, CT, GA, HI, IL, ME, MT, NM, NV, NY, VT, WA|
|OnDemand Webinar||More Info|