An Ohio Judge is requiring all attorneys for banks trying to foreclose on people, to sign and verify ALL foreclosure documents are valid and not fraud. Well, the Ohio bank foreclosing attorneys are not happy about that at all! They have filed suit in the Ohio Supreme court requesting a reversal of the Judges order.
Now, I have a question, if everything was on the up and up and it was not fraud, why would bank attorneys be so upset, with having to only file valid paperwork? Jeez, isn't all their paperwork suppose to be legal, they are attorneys after all, who are suppose to go by the laws.
Instead they don't seem to want to go by what is legal, otherwise they would not have filed suit against having to have valid paperwork to foreclose on people for the banks.
Every single state should have this requirement, it does not matter if it is a non-judicial or judicial foreclosure state. This is something all the Attorney Generals who are supposedly investigating the foreclosure fraud, should stipulate for all states. NO, fraudulent paperwork should ever be filed.
I have a question too. If you or I were caught filing fraudulent paperwork in the courts, would we be shown a jail cell immediately? How come the banks and attorneys can file one fraudulent piece of paperwork after another in the courts and not go to jail? Yeah, I know silly question. There is one set of laws for us normal folks and another whole set of laws for the banks and corporations who run the governments.
“Before we sign off on foreclosures, we want to make sure we are diligent in confirming the accuracy of those filings. It’s a life-changing event.”
- The Massachusetts Supreme Court rule against lenders in the Ibanez case.
- Another Massachusetts case could invalidate the sale of some foreclosed homes in that state.
- The validity of mortgages transferred through MERS is being litigated in Utah and several foreclosures have been invalidated there.
- Judge Arthur Schack in Brooklyn has dismissed many foreclosure cases with prejudice due to bad or missing paperwork.
- Ally Financial withdrew hundreds of robo-signed foreclosures in Maryland.
- Vermont and New Jersey are both in the process of changing their foreclosure laws to afford greater protection to homeowners.
- The Chief Justice of the Supreme Court of New Jersey threatened to suspend foreclosures by major banks statewide unless they can definitively show in court that they are in compliance with state law.
- FDIC Chairman Sheila Bair proposed a Foreclosure Claims Commission to compensate those who were foreclosed upon wrongfully.
- Judges in Nevada froze almost 9,000 foreclosures last week. Bank of America is appealing the order.