Quote: "I deny more foreclosures than I approve," said Justice Arthur Schack of Kings County, N.Y., Supreme Court, in Brooklyn. "I want to see the servicing agent's power of attorney, I want to see all the paperwork before I approve it. If the paperwork is garbage, I deny it. If you're going to take away someone's home, it should be done properly."
While two wrongs don't make a right, the foreclosure process, representing the laws of our land should follow them.
Yes, many are in foreclosure for a variety of reasons. In case we have not noticed, the economy is on a hard downward spiral. The unemployment ranks are growing and many who had good solid jobs and income no longer do.
Yes, those in default do owe the money but by committing fraud on the courts, the parties acting as plaintiffs are violating not only the law but the dignity of the courts.
It is refreshing to see Judges such as the one mentioned here and others, recognizing the situation for what it is and dismissing cases.
The fraud and deception by attorneys is shameful. They know better and they know the laws yet they still push these foreclosure actions through by the thousands. It is obviously for the money and the belief that the average person, already traumatized by the economic situation, will NOT DEFEND themselves. They will simply pack and leave.
More people should fight their foreclosure actions. It would do more to help the economy, maintain real estate values and the integrity of neighborhoods.
The lenders, servicers, registrars (MERS), assignees, assignors, trustees or whoever the plaintiffs may be have all profited to the tune of millions and billions. None of them have the real liability, they sold that to investors world wide who are the other victims here.
If we can't trust the judicial system then who and what can we trust in this country. The courts should be the place where justice is served for all the people in a just and legal manner.