A Modern Solution for Foreclosure Notices: Why ForeclosureTennessee.com Matters to Your Bank

By Amy Heaslet
Executive Vice President/General Counsel, Tennessee Bankers Association

Starting July 1, 2025, Tennessee’s foreclosure process officially entered the digital era. A new state law now requires foreclosure notices to be published online, while reducing newspaper publications from three to two. But behind this seemingly simple update is a years-long effort—driven by Tennessee bankers—to modernize a process that had become inefficient, expensive, and outdated.

For decades, Tennessee law required foreclosure notices to run in a local newspaper three separate times. While intended to inform the public, this mandate became increasingly expensive. Trustees and lenders across the state became frustrated: newspapers were charging $450 to $1,100 per notice, depending on the market. And as print readership declined, the value of those placements diminished.

Inconsistent circulation and pricing made it clear—this system no longer served either the public or the institutions trying to meet compliance requirements.

Led by the Tennessee Bankers Association’s government relations team, the conversation about reforming foreclosure notice requirements began in earnest. Over two legislative sessions, TBA worked with lawmakers and other interest groups to introduce a more modern and cost-effective approach. The result was a compromise: reduce the number of required newspaper ads from three to two and add a requirement for an online notice.

Although the new law reduces print notices from three to two, bankers should check their deeds of trust carefully. Many DOTs contain specific language requiring three advertisements in a newspaper, and the new law does not override that—those notices must still be published three times.

The new law gives lenders and trustees the flexibility to post notices online via a third-party site—but the state made it clear it wouldn’t be building that site itself. That’s when TBA stepped in.

Building a Trusted Platform

Rather than leave attorneys and trustees searching for a compliant posting platform—or worse, using out-of-state or unfamiliar services—TBA developed ForeclosureTennessee.com, a secure, cost-efficient, and compliant option specifically designed for Tennessee foreclosures.

Why It Matters

ForeclosureTennessee.com was created with speed, simplicity, and reliability in mind. The focus was on function over frills: secure login, required data fields for searchability, credit card payment, and affidavits. Several Tennessee trustees even gave early feedback to help ensure the site met practical needs.

TBA set pricing at $100 per foreclosure notice and $50 per continuance—significantly lower than traditional newspaper ads. With around 5,000 foreclosure notices filed annually in Tennessee, ForeclosureTennessee.com offers real savings to banks and borrowers.

What You Can Do

Usage is growing—within the first few weeks of launch, more than 100 notices were posted to the site. But broader awareness and adoption will depend on word of mouth and education. As a banker, you can help:

• Talk to your trustees: Ask the attorneys or firms handling your foreclosures to use ForeclosureTennessee.com.
• Explain the value: Many trustees are unaware of the site or default to newspaper-based vendors. Let them know there’s now a better option.
• Reach out to us: If your firm needs a walkthrough or has questions about using the site or the new law in general, we’re happy to help.

A Better Path Forward

ForeclosureTennessee.com represents a win-win for lenders and the public: a faster, cheaper, and more effective way to comply with foreclosure posting laws. While TBA built the platform, this is a tool for the entire financial ecosystem—lenders, trustees, and the public.

To learn more or start posting, visit ForeclosureTennessee.com.