Tuesday, September 20, 2011

Mired in Foreclosures

After the robo-signing mess exploded last September, court officials in Florida, the nation's busiest state for foreclosures, required lenders to swear that all the information in their foreclosure lawsuits was "true and correct."


The new affidavits have made judges quicker to pounce on obvious flaws in foreclosure documents, such as when the loan amount doesn't match the number included in the lawsuit. But some judges say the foreclosure process suffers from broader problems beyond their control.

"Our ability to delve behind what's asserted in the affidavits is really limited," says Jennifer Bailey, a ...



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