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Loan Modification
: Mortgage Lender Implode-o-MeterBad Press on Bank Foreclosures Making Some Judges More Cautious
By Implode-Explode Heavy Industries
Lawyers who defend homeowners against foreclosures, even when their client has a good case, like servicing errors, often run into bank-friendly judges. The plaintiff?s argument typically boils down to, ?We?re a bank, they are a deadbeat.?
It looks as if banks are increasingly hoist on their own petard. There has been so much coverage of what can most charitably be called ?improprieties? that some judges are no longer accepting the bank case at face value.
Full post as published by Mortgage Lender Implode-o-Meter on October 20, 2010 (boomark / email).
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