Tuesday, February 28, 2012

Pa. Housing Advocates Respond To Recent Court Ruling w/ Call To Slam Brakes On F'closures Thru-out State; Banksters Ask For Full Appeals Court Review

In Pittsburgh, Pennsylvania, the Pittsburgh Post-Gazette reports:
  • Housing activists are calling on Pennsylvania banks and sheriffs to temporarily halt all home foreclosures, saying a paperwork error could save thousands of people their homes.


  • The state Superior Court on Jan. 30 ruled in favor of three women facing foreclosure who claimed they were not notified, as required by law, that they could have a face-to-face meeting with their mortgage holders to try to resolve outstanding payments.


  • The Pennsylvania Housing Finance Agency issued more than 100,000 such "Act 91" forms from 1999 through 2008 that did not contain that notification, their lawyer Michael Malakoff said.

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  • Pending the appeal of the decision to the full Superior Court -- which was filed Feb. 13 by lenders Beneficial, HSBC and J.P. Morgan Chase -- the housing group says officials should put a halt on all foreclosure actions.

For more, see Halt foreclosures on homes due to paperwork errors, group says.

See also, Pittsburgh Tribune Review: Nonprofit group says 100,000 got flawed foreclosure notes.

For the court ruling, see Beneficial Consumer Discount Company v. Vukman, 2012 PA Super 18 (Pa. Super. January 30, 2012).