the stage of the crisis (2009 November - 2009 September you want): Possible
foreclosure violations of the news spread all over the country like a foul wind.
Last week, the investigation of illegal foreclosure practices long announced in
attorney in all 50 states. In addition, at the beginning of the end of 2009,
until now, more and more the trial judge has rejected some foreclosure action
due to irregularities abide by the basic process of foreclosure in the legal and
financial documents and some lenders have failed. Recently, even a
representative bank law firms are subject to strict scrutiny, and for some of
the largest steel under judicial investigation.
In July 7, 2010, denied a
sequence of major banks reference the New York Supreme Court (New York state
foreclosure proceedings an essential aspect) according to the time of bank
failures, it actually has a note and mortgage loan request, submit the
foreclosure action. The Court pointed out, put forward by the bank to the court
for endorsement of acceptance is on a separate page, and made no specific
instructions. In Florida and Ohio court issued a similar decision.
In October
9, 2009, the New Jersey state attorney general announced, agreed to a large
financial institutions, to pay $39800 accused of misleading and deceptive
practices in marketing, adjustable rate of a / K / A / "shuttle - A - payment"
mortgage. the third stage of the crisis: protect yourself and your
family.
More and more, the owner and the court to take loans to improper use
of funds to achieve this profound insight task of tens of thousands of tens of
thousands of homeowners, encouraging, so they can fight foreclosure served as.
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