Oh HEL(OC) no: Washington Supreme Court Curtails Non-Judicial Foreclosures of HELOCs

Washington lenders have long relied on non-judicial trustee sales as the primary (and less expensive) mechanism for resolving defaulted home loans. For decades, courts and lenders considered home equity lines of credit (HELOCs) secured by deeds of trust as eligible for non-judicial foreclosure just like any other residential mortgage.... By: Miller Nash LLP