Amir EFRATI, reporting for the Wall Street Journal, has written an article relating to recent court rulings dismissing plaintiff's foreclosure cases:
Some Judges Stiffen Foreclosure Standards
By Amir Efrati
Posrted Friday, July 25, 2008
A cadre of state-court judges scrutinizing foreclosure actions in a string of recent rulings have discovered flaws in documents that borrowers may be able to use to keep their homes.
The judges, including a committee from the Kings County Supreme Court in Brooklyn, N.Y., are highlighting shortcuts taken by mortgage companies in court filings, which borrowers might be able to exploit when facing foreclosure.
The rulings show the critical role that judges are beginning to play as foreclosures mount in the most severe housing crisis since the Great Depression. The recent decisions build upon widely circulated opinions issued last fall ...
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Regular MS Fraud Forum participants will recognize many of the mentions and references within the article. TAKE A LOOK!
[Note: The WSJ site is a subscription access site!]