Are Nonjudicial Foreclosure States Leading the Recovery?

Judicial and nonjudicial states have radically different approaches to foreclosure proceedings, and they may produce different recoveries in the appropriate states.
Currently, few analysts argue that a housing recovery is not�happening; debate still persists, though, on the particulars ? how strong the recovery is, how long it will last and what states are outpacing others on the recovery scale.
A big source of divergence the last couple months has been the nature of foreclosure proceedings, and how states with nonjudicial approaches (where foreclosures are not handled in a court of law with ...

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