If we have to suspend sales of foreclosured homes in 23 states, I'm thinking we've got a firestorm on our hands. This doesn't look good.
http://www.nytimes.com/2010/10/08/business/08frozen.html
How many foreclosure documents were filled out in bad faith?
http://www.nytimes.com/2010/10/08/business/08frozen.html
New York Times said:The companies say they are reviewing their operations after disclosures that employees signed documents without determining the accuracy of the material, as is required by law.
*snip!*
More broadly, the revelations about the sloppy paperwork are emboldening homeowners and law enforcement officials in many states to question whether lenders rightfully hold the notes underlying foreclosed properties — further chilling the housing market.
How many foreclosure documents were filled out in bad faith?
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