February 13, 2013
New Jersey Bankers Association
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Legislative Update
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Web Seminars
The Ins and Outs of New Foreclosure Procedures

As you know, New Jersey is the national laggard when it comes to homes in foreclosure.  What you may not know is that New Jersey did not have the most foreclosures.  Why the discrepancy?  Why does it take 900 days to foreclose on a residential property?  What are some of the solutions?

New Jersey passed a new far reaching foreclosure law which expedites foreclosures on vacant and abandoned properties.  Under the new law, we believe the foreclosure timeline for affected properties will diminish from 900 days to 75 days.  The new law will be effective on April 1, 2013.

This seminar is intended to guide institutions in following this new procedure.  It will review the law changes over the past five years concerning foreclosure and help institutions to navigate the pitfalls of the process while demonstrating the usefulness of the new law. 

Sponsorship Information:  This event is a great opportunity for service providers to gain exposure to these influential attendees and demonstrate their support for our industry. Contact: Jenn Zorn, VP/Director of Education and Business Development at jzorn@njbankers.com or 908-272-8500, ext. 611.

Event Sponsorship $500 each

Click here for program and registration information.

 

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