Court case my give hope for the more than 200,000 Floridians who have lost their homes to foreclosure

[1776Forever]

Court case my give hope for the more than 200,000 Floridians who have lost their homes to foreclosur...

Ruling might further complicate loan crisis
By Tom Bayles
Published: Tuesday, November 9, 2010 at 1:00 a.m.

http://www.heraldtribune.com/article/20101109/ARTICLE/11091062/2055/NEWS?Title=Ruling-might-further-complicate-loan-crisis

..."It is the culmination of the worst civil procedure nightmare we've ever imagined," said Anne L. Weintraub, a real estate attorney at Sarasota's Syprett Meshad law firm, referring to the recent appellate rulings.

...It is unclear just how many cases could be affected — the chief judge in this region’s circuit says foreclosure paperwork is carefully scrutinized by teams of case managers — but the rulings come as the system already is dealing with disruptions from self-imposed bank moratoriums to deal with questionable paperwork.

“It is the culmination of the worst civil procedure nightmare we’ve ever imagined,” said Anne L. Weintraub, a real estate attorney at Sarasota’s Syprett Meshad law firm, referring to the recent appellate rulings.

What happens next could have widespread implications for the more than 200,000 Floridians who have lost their homes to foreclosure since January 2007, including the more than 12,000 in Manatee, Sarasota and Charlotte counties.

............

One to watch.

[nykym]

1. I liked this part in the article

"It was a problem set in motion by the foreclosure mills and the mortgage servicers when they decided not to follow the rules," Golant said. "In many cases, they can get to the original note, but it costs money and so they just lie in an affidavit."

"In taking that shortcut, they made a mess," she said.

No Golant they broke the law!

[1776Forever]

2. Yes and will "they" ever pay for it? That is something I want to live to see! n/t

[SidDithers]

3. K&R...nt

Sid