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Loan Modification

: Mortgage Lender Implode-o-Meter

Some judges chastise banks over foreclosure paperwork

By Implode-Explode Heavy Industries

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"In millions of cases across the United States, local judges have wide latitude to impose sanctions on banks, free homeowners from their mortgage debts or allow the companies to proceed with flawed foreclosures. Ultimately, the industry is likely to face a messy scenario - different resolutions by courts in all 50 states"

Full post as published by Mortgage Lender Implode-o-Meter on November 09, 2010 (boomark / email).

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