A new study by the OCA concludes that while mandated pre-foreclosure conferences have become increasingly effective in helping to keep people in their homes, the conferences have proven to be more complex and labor intensive than anticipated. "The long lifespan of these cases in the conference parts, coupled with a dramatic increase in foreclosure filing, has resulted in an unprecedented shift in the civil caseload of the New York State Supreme Court," the report says.
Conferences Prevent Foreclosures But Strain Courts, OCA Reports
New York Law Journal
November 29, 2010
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