Padgett Foreclosure Blog

Foreclosure Legal News and Case Law Updates for Creditors

 

1 min read

HELOCs: Opportunities and Risks for Credit Unions in 2025

Recent years have seen a shift in the mortgage lending landscape for credit unions in regard to home equity lending. Rapid Home Equity Line of Credit (HELOC) growth has been seen due to higher interest rates which has resulted in a slowing in...

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1 min read

Padgett expands into Illinois on Client Demand

Padgett Law Group (Padgett) is pleased to announce its organic expansion into the Illinois market, effective immediately. The growth into Illinois...

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Exploring Remote Online Notarization in The PLG Footprint

Remote Online Notarization (RON) is a hot topic in the real estate community right now. This is a result of purchasers and sellers wanting a more...

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2 min read

See The Sign: Document Execution

In 2015, the execution requirements for deeds and other documents affecting title to real property changed. Previously, deeds and these types of...

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4 min read

Real Estate Closing Assistant: An Overview

Ever wondered what really goes on behind the scenes of a real estate closing? Spoiler alert: It’s not just a high-five and a handshake! It’s a finely...

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Illinois County Ends Foreclosure Mediation

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McLean County, Illinois Ends Foreclosure Mediation

The McLean County Residential Foreclosure Mediation Program, launched in March 2012, has officially been suspended as of May 1, 2025, according to...

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Padgett Earns Favorable Ruling in Ohio

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Foreclosure Action Upheld Despite Time-Barred Note in Ohio Case

Padgett successfully argues that an action for foreclosure of a mortgage securing a time-barred note can be maintained in Trinity Fin. Servs., LLC v....

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New Tennessee Law Alters Foreclosure Notice Requirements

PLG’s Tennessee Practice is prepared to launch new post and pub process ahead of the new law's effective date on July 1, 2025 On May 21, 2025,...

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Florida Proposes Amends Rules Civil Procedure

5 min read

Florida Proposes Key Amendments to Rules of Civil Procedure

Amendments have been proposed for seven Florida Rules of Civil Procedure. If these amendments take effect, it will change how foreclosures are...

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Recent Alabama Case Law Clarifies State Servicing Issue

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Alabama Supreme Court limits jurisdiction of County Probate Courts

The Alabama Supreme Court limited jurisdiction of the County Probate Courts in Skidmore v. Skidmore, 2024 Ala. LEXIS 147, 2024 WL 3909389 (Ala. Sup....

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