Law Suits & Courts

Banks Said Move Forward, Will Judges Stop Them Now?

Posted on Tuesday, October 19, 2010

"If judges approve the new filings, the bank expects that the sales of foreclosed properties will start up once again in the states where a court order is needed to foreclose on a home. The bank said it will continue to freeze foreclosure sales and review files in the District of Columbia and the other 27 states, including Maryland and Virginia, which do not require a judge's action...But it is unclear whether the courts will accept the new paperwork. Some judges have said in interviews that they are considering throwing out entire cases and making the banks file new ones, which would be costly and time-consuming."Zachary Goldfarb and Ariana Eunjung Cha Washington Post

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