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Ocean County has postponed the foreclosure auction scheduled for July 23 amid concerns that unproven nonprofit agencies are taking advantage of a new law that was designed to even the playing ...
The Fair Foreclosure Act (FFA), N.J.S.A §§ 2A:50-53 to 2A:50-73, is a state law that protects residential mortgage debtors and establishes a uniform statutory framework under which courts can more clearly identify the rights and remedies of the parties involved in foreclosure proceedings throughout New Jersey. [1]
Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...
New Jersey had one in every 794 homes with a foreclosure filing, followed by Maryland, with one in 816, and Nevada, with one in 818. ... with one in 816, and Nevada, with one in 818. More than ...
Housing and Neighborhood Development Services, Inc. or HANDS Inc. is a nonprofit housing group based in Orange, New Jersey.Since 1986, the organization has worked to revitalize residential and commercial properties throughout the tri-state area through foreclosure and negotiations with the owners. [1]
Although the definition may vary by jurisdiction, foreclosure consultant generally means any person who makes any solicitation, representation, or offer to any owner to perform for compensation or who, for compensation, performs any service which the person in any manner represents will in any manner do any of the following: [1] [2]