Sunday, December 26, 2010

Florida Judiciary Unable To Keep Up With Out-Of-State Counterparts When Forcing Lenders To Comply With The Law In Foreclosure Actions

AOL's Daily Finance reports:
  • In the face of banks' rampant disregard for the law in pursuing foreclosures with false paperwork, the judiciary has started to emerge as the great defender of due process and the rule of law.

  • This list of judges standing up for the system is hardly exhaustive. In each case, the judges made clear they weren't picking sides. They were merely enforcing the rules, making sure the banks didn't get special exceptions unavailable to anyone else.

  • Unfortunately, not all judges are responding to the foreclosure mess this way. Those in Florida have been particularly notorious, and new rulings show at least some members of the Florida judiciary seem more committed to speeding foreclosures through to completion than anything else.

For more, see The Foreclosure Mess: Florida Judges Can Do Better.