With increased defaults, when is it prudent for servicers to record loan modifications?
A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing their mortgage lien. And, as someone who has litigated several lien priority disputes stemming from an unrecorded loan modification agreement, I can say the answer isn’t always straightforward. From […]
With increased defaults, when is it prudent for servicers to record loan modifications? Read More »