Defense of Foreclosure
By Kent Anderson, Oregon Bankruptcy Attorney on Feb 26, 2008 in Mortgage Reform
With foreclosures heading toward an all time high, defensive tactics are becoming increasingly important. Due to the complexity of the home loan securitization process, it is often hard for a loan servicer to find the original paperwork from the loan transaction. Here is a news story highlighting some of the defenses used by attorneys to defend homeowners from foreclosure.
While a technical challange may not be the best strategy in some circumstances, if congress fails to enact legislation to help homeowners, bankruptcy has signigicant limitations.
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