Lenders, Foreclosures, and the Full Credit Bid Rule

[Jarod Bona]

If you are a lender, you might have some interest in a California Court of Appeal decision that applied the full credit bid rule to stop a lender that foreclosed from recovering on an insurance policy for the borrower's pre-foreclosure damage. I just posted an article on my website describing the case: 

California Appellate Court Applies the Full Credit Bid Rule to Deny Trust-Deed Holder’s Insurance Claim - See more at: http://www.businessjustice.com/california-appellat...

Jarod