Stokes Law Briefs


Another Reason to Avoid Second Deeds of Trust
Feb 02, 2018

In Centrum Financial Services v. Union Bank, decided December 17, 2017, the Court of Appeals clarified the limitations on the right of a junior lienholder to cure a default of a senior secured indebtedness. Tom Lerner reminds lenders to use caution when considering whether to foreclose on a second deed of trust. 

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