robot signing foreclosure documents

AGREEMENT WITH BANKS AIMS TO RESTART UNCONTESTED FORECLOSURES IN STATE

N.J. Law Journal reports:

The judiciary’s effort to crack down on robo-signing and other improper foreclosure practices appears headed toward a quick resolution under a proposed pact with New Jersey’s six biggest mortgage-servicing companies. The stipulation recommended on March 18 would end a proceeding initiated by the judiciary through an order to show cause last Dec. 20, In the Matter of Residential Mortgage Foreclosure Pleadings and Document Irregularities. Instead of shutting down foreclosures and sheriff’s sales as the judiciary threatened, mortgage servicers would have to file papers by April 1 showing they had cleaned up their practices. Retired Appellate Division Judge Richard Williams would be appointed as special master.

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About Lawrence "Larry" Berezin

I retired from the private practice of law after a 35-year legal career and fight parking tickets for people like you and me. I love sharing valuable information, tips and tricks to help drivers beat NYC parking tickets.

3 Responses to “AGREEMENT WITH BANKS AIMS TO RESTART UNCONTESTED FORECLOSURES IN STATE”

  1. How can one access the entire article?

    • Lee,
      Thanks for taking your valuable time to visit our blog. The full article can be found in the N.J. Law Journal on the day I posted this snippet. If you don’t have access to the Law Journal, please send me your email address, and I’ll send you a copy of the full article.

  2. Please send me a full copy of the snippet titled “AGREEMENT WITH BANKS AIMS TO RESTART UNCONTESTED FORECLOSURES IN STATE”

    Thanks in advance

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