Take a Look: What You Need to Know About Rent Receivers in New Jersey Foreclosures
April 29, 2025
Legislative Changes Every Mortgage Servicer Should Know | The Weekly Friedman
May 5, 2025
Court Victory: Burden of Proof Reversed
Attorney Quenten Gilliam won an important decision in NJ — critical for any investor or servicer with BPLs in their portfolio! The reasonableness of a default interest rate is often challenged by the defense, but what happens when the court mistakenly places the burden on the plaintiff instead of the defendant? You bring it back to court! Quenten prevailed on her motion for reconsideration, and the court agreed — correcting its earlier mistake and properly placing the burden of proof back on the defendant. This correction reaffirms the enforceability of default interest provisions when properly documented and clearly presented in court.
Athene v Wekk Management LLC Order
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