LIEB BLOG

Legal Analysts

Wednesday, October 14, 2020

Consent to Foreclosure or Deed in Lieu as Mortgage Workout Options: Which is Better?

With roughly 10% of Long Island homeowners behind on their mortgage, it's time to start thinking about foreclosure settlement options. Andrew Lieb breaks down the difference between a deed-in-lieu and a consent to foreclosure in this helpful article for lenders and borrowers alike.