LHC Newsletter Vol. 1, No. 1

Increases in Foreclosures: Boards Must Be Ready to Act

By Robert D. Hillshafer, Esq.

In California, during the period from April through June 2007, lenders filed just under 54,000 Notices of Default (NOD), which is up 15.4% from the first quarter of this year and up 158% over the second quarter of 2006. Simultaneously, Southern…
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