Wednesday, November 12, 2008

Delay In Bringing Legal Action Sinks Predatory Lending Victims; Judge Allows Foreclosure Sale To Proceed

In Mendham, New Jersey, the Observer Tribune reports on a local homeowner facing foreclosure whose allegations of fraud against a mortgage lender were dismissed by a judge because she waited too long to raise the issues in court.

For the story, see Family under the foreclosure gun (Family says they’re subprime victims and will lose home without last-minute help).