Nevada’s Rule on the Foreclosure Sale Definition May Set Precedent

Lenders and special servicers operating in Nevada may be up for an unpleasant legal surprise if the states higher court upholds a 2012 ruling that maintains a private sale of property through receivership is basically the same as a foreclosure sale.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Nevada-Rule-Foreclosure-Sale-Definition-May-Set-Precedent-1036746-1.html

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