Legal Commentary

Achievements! Congress Passes Bill To Make Foreclosures Easier

By Big Tent Democrat

The Beltway Bloggers can add this to the list of achievements by this Congress, via Eschaton, fast track foreclosures:

A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage processors is awaiting President Barack Obama's signature after it quietly zoomed through the Senate last week. The bill, passed without public debate in a way that even surprised its main sponsor, Republican Representative Robert Aderholt, requires courts to accept as valid document notarizations made out of state, making it harder to challenge the authenticity of foreclosure and other legal documents.

[. . .] The legislation could protect bank and mortgage processors from liability for false or improperly prepared documents. The White House said it is reviewing the legislation.

(Emphasis supplied.) This is a disgraceful outrage and I would like to hear from Nancy Pelosi and Harry Reid how in the f*ck this happened. And I want to hear from President Barack Obama what exactly he needs to consider about this bill. It should be vetoed immediately.

The Banks own this Congress.

FULL DISCLOSURE: This effects cases I am involved in. Speaking for me only

Full post as published by TalkLeft on October 07, 2010 (boomark / email).