Recently Discovered Flaw in Recording System Clouds Titles on Previously Foreclosed Properties
The modern system of mortgage refinancing and assignments created during the housing boom has left behind a wave of title defects on properties that have ever had a foreclosure in their history, due to a loophole in the property records recording system. This has been detected on a number of properties currently in foreclosure, and…
Avoid Foreclosures – Wall Street Foreclosure Attorney/Lawyer Bruce Richardson
www.lawofficesofbrucerichardson.com Lenders knew or should have known substantial numbers of its subprime loans, especially absent prompt refinancing, would fail and result in foreclosure. Nonetheless lenders made the loans to promptly package and sell to the secondary market. Predictably, as a result of these predatory loans, scores of borrowers across America now face foreclosure, and many…
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