SC High Court Lifts Stay On Foreclosure Sales; Creates Procedures To Ensure Uniform Handling Of Cases Where Eligible Homeowners Seek Out Federal Help

In Columbia, South Carolina, The Associated Press reports:

• South Carolina's highest court has lifted a temporary stop on thousands of pending foreclosure sales in the state. Supreme Court Chief Justice Jean Toal on Friday replaced an injunction with procedures to ensure foreclosures are handled uniformly while eligible homeowners seek out federal assistance. Earlier this month, Toal ordered South Carolina judges to stop finalizing foreclosure sales on thousands of properties to give homeowners more time to take advantage of a new federal program to help them refinance mortgages. Mortgage experts said Toal's ruling was the nation's first court-ordered stop for an entire state.

Source: Top SC court lifts stop on home foreclosure sales.