Mortgage Foreclosure: Update 2024

Category: On Demand

Member Price: $208

Non-Member Price: $260

Product Code: ON059524

Areas of Law: Real Estate

CLE Credits
NJ CLE:NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4 hours of total CLE credit (Full Credits Available: NJ General: 4.0).
NY CLE (t&nt):NY Professional Practice Non-Transitional: 4.0
PA CLE:PA Substantive Credit: 3.0
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program.
Faculty

Keynote

Moderator

Brian Kerins, Esq.
Garden State Legal Services Corporation, Lawrenceville

Presenters

Rob Saltzman, Esq.
Pluese, Becker, Saltzman & Thomas, LLC, Mount Laurel
Michelle M. Smith, Esq.
Clerk, Superior Court of New Jersey Superior Court Clerk's Office
Dennis P. Uhlmann, Jr., Esq.
Martone & Uhlmann, A Professional Corporation, Clifton

Nationwide, one in every 4,236 housing units had a foreclosure filing in January 2024. In New Jersey, the average was higher – one in every 2,647 housing units, according to the U.S. Foreclosure Market Report by ATTOM, a curator of land, property and real estate data. (NJBIA, 2/2024)

The number of foreclosures in New Jersey continues to rise. This 2024 update provides you with an opportunity to gain a working knowledge of the current law and procedures to effectively represent homeowners or lenders involved in a mortgage foreclosure. Join us and hear about common mistakes, misperceptions, faux pas of others. Learn about the correct ways to be best prepared and to properly present a mortgage foreclosure case in New Jersey.

Our program will begin with a review of the current New Jersey foreclosure law timeline, procedures, and related cases. After setting the foundation for the program, the panel will delve into a discussion of up-to-date issues including surplus funds, orders for additional sums, as well as the status of the mortgage mediation program.

Join us as Michelle M. Smith, Clerk of the Superior Court of New Jersey, along with four NJ attorneys who specialize in mortgage foreclosure, review some of the most important developments in this area of law.

Learn up-to-the-minute information about mortgage foreclosure, including:

  • Relevant statutes and legislative update
    - New Jersey's Fair Foreclosure Act
    - Forbearance of residential mortgage foreclosures under certain circumstances
    - Sheriff Sales Process and the newly enacted Community Wealth Preservation Program
  • The New Jersey Office of Foreclosure
  • Pre-Foreclosure Services Available
  • The Mortgage Foreclosure Procedure timeline
  • E-Filing for Foreclosure Actions
  • Deficiency Actions
  • Defenses to Foreclosure
    - i.e., does Bankruptcy stop foreclosure?
  • Surplus Funds
  • Orders for Additional Sums
  • Current Status of the Mortgage Mediation Program
  • Practical Tips
  • And more!

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