New Jersey Passes Sweeping Reforms to the Residential Mortgage Foreclosure Process

Title:
New Jersey Passes Sweeping Reforms to the Residential Mortgage Foreclosure Process
Publication:
Riker Danzig Banking and Title Insurance Client Alert May 6, 2019
Attorneys:
Practices:

On April 29, 2019, Governor Murphy signed a package of bills into law relating to the residential foreclosure process.  These bills represent a sweeping reform to how lenders must prosecute residential foreclosures going forward.  The bills include:

For a copy of the statutes, please contact Michael O’Donnell at modonnell@riker.com, Michael Crowley at mcrowley@riker.com, Sarah Heba-Escobar at sheba@riker.com, or Dylan Goetsch at dgoetsch@riker.com.