The Foreclosure Mess: It's Even Worse in 'Nonjudicial' States
Date: 2010-11-01T06:37:20.547
Author: AAA Staff
Editor note: In 23 states, before a lender can foreclose on a homeowner for defaulting on a mortgage, it must take the homeowner to court. As we've seen, even with judicial review that process has still been shot through with problems. But for a troubled homeowner in California, Texas and 25 other "nonjudicial" states, the robo-signing scandal and foreclosure mess are even more dangerous because the lender doesn't have to go to court to foreclose. Fraudulent paperwork can be used with impunity unless the ho
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View original artilce: http://www.dailyfinance.com/story/real-estate/the-foreclosure-mess-its-even-worse-in-nonjudicial-states/19693086/?source=patrick.net#articleHeader
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