The Foreclosure Report

Getting Your Day In A Massachusetts Court

The Valley Advocate had this blurb in their year end wrap-up in Massachusetts. "A luminous white headband (nothing sectarian here!) to the National Consumer Law Center in Boston for pushing for a law that would give people facing home foreclosure in Massachusetts a day in court."

"Foreclosure filings in Massachusetts for the first four months of 2005 were up nearly 28 percent over this time last year (with Springfield second only to Boston in number of foreclosures), partly because homeowners here can be foreclosed on without the court process nearly half the 50 states require."

"Another good reason for court hearings: they often bring to light information about mortgage scammers and other bad actors in the lending business."

posted by Ben Jones @ 4:16 PM