That would be in California, Texas and 25 other states where the lender doesn’t have to go to court to foreclose. Except in rare instances, lenders can use fraudulent paperwork with impunity in those states. A closer look at California and Texas shows that’s indeed happening.
Continue reading The Foreclosure Mess: It’s Even Worse in ‘Nonjudicial’ States
The Foreclosure Mess: It’s Even Worse in ‘Nonjudicial’ States originally appeared on DailyFinance on Sat, 30 Oct 2010 06:00:00.
Filed Under: Columns, Economy, Bank of America, Real Estate