Journal Article

Texas foreclosure timeline


Abstract: Texas has a rather quick foreclosure process for non-home equity loans. (Home equity loans must be foreclosed judicially.) The process is conducted by the trustee designated by the lender in the deed of trust (the mortgage instrument) without any court involvement.

Keywords: Mortgage loans - Law and legislation; Foreclosure;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Banking and Community Perspectives

Publication Date: 2007

Issue: 2

Pages: 7