Sunday, April 13, 2008

More Than You Ever Wanted to Know About Maryland's New Foreclosure Law

Calculated Risk Blog has a long post on one of Maryland's new foreclosure laws. The post examines the law's effect on actual foreclosure timelines and finds that it brings Maryland closer to national averages.

The legislature's foreclosure package is perhaps the most positive achievement from a general session that focused mostly on budget-cutting and the now-deceased-and-unmourned computer tax. But it's worth reading exactly what the new foreclosure legislation will do. If you are a real estate lawyer, you're really going to love the analysis.

Thank you to Joe Davidson for passing this along.