A panel of asset managers and an attorney whose firm specializes in eviction law had stern warnings to REO brokers dealing with occupied properties — minimize your risks.
When the Protecting Tenants at Foreclosure Act (PTFA) was enacted in May 2009, it completely changed the way REO evictions are conducted, said Robert Jackson, president and managing attorney at the Irvine, Calif.-based Jackson and Associates law firm.
Read On: Tenant Act Forced Changes to Eviction Process: REO Expo Panel...
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