J.P. Morgan CHASE to Freeze Foreclosures in 23 States
On my way home I heard this on the radio with ABC news and did a double take. I searched the news wires and found this. This could be huge because they are now calling for industry wide pauses in the foreclosure process. STAY TUNED! By Ariana...Millions of Foreclosures Might Get Halted
Bill Rafter sent me and attorney Harry Borders this article; Will This Help or Hurt Your Business? California Bankruptcy Court rules "MERS" can NOT transfer note for want of ownership and cites several cases. The United States...Foreclosures Halted? Lenders Use Forgery & Shortcuts
Amid mountain of paperwork, shortcuts and forgeries mar foreclosure process By Ariana Eunjung Cha and Brady Dennis Washington Post Staff Writers Thursday, September 23, 2010; 2:36 AM The nation’s overburdened foreclosure system...Recent Rulings Could Shield 62 Million Homes from Foreclosure
Over 62 million mortgages are now held in the name of MERS, an electronic recording system devised by and for the convenience of the mortgage industry. A California bankruptcy court, following landmark cases in other jurisdictions, recently held that...Monday, May 20, 10:36 pm
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