Banks claim judge's foreclosure stay violates due process

, The National Law Journal

   | 2 Comments

Dozens of banks and other mortgage holders are asking a federal appeals court to overturn a Rhode Island federal judge's order stopping them from conducting foreclosures and evictions.

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What's being said

  • justice4you

    "...enforce contracts..." ???

    So forged documents and "fraudclosure" mills are acceptable?

    Sorry, banks put themselves in this mess yet have refused (since about 2008) to LEGALLY take back possession of properties. All they want is ILLEGAL short-cuts and now are facing the penalty of evading recording fees via their self-constructed MERS entity.

    Further, they continue to refuse to pay for basic upkeep on the properties they DID "steal" back from owners via threats and other backhanded means.

    Tough luck to the banks...let the stay remain until they correct every wrong move they've made since 2008.

    No sympathy here since the MBA defaulted on their own "contract" yet expect the rest of us to vacate owner occupied property at the drop of a hat.

    LOL.

    P.S. many of the "squatters" you refer to are homeowners that are being bullied by dirt bag mega banks.

  • ColorBlindJustice

    Judges should enforce contracts. Period. Throw the lying squatters into the streets and let the housing market clear.

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