Emergency Foreclosure Measure Passed In MD

    Emergency Foreclosure Measure Passed In MD – Latest News
    by – The Associated Press
    10/19/2010

    ANNAPOLIS, Md. (AP) – Maryland’s highest court has approved an emergency measure to enable state courts to stop foreclosures, if documentation is found to be invalid.

    The Court of Appeals approved the measure on Tuesday. It gives lenders 30 days to demonstrate that documents related to the foreclosure are legally sufficient. Unfair foreclosure practices are being investigated nationwide relating to affidavits that have been filed without sufficient knowledge of their accuracy. Preliminary audits have found that hundreds of bogus affidavits have been filed in Maryland courts.

    We will keep everyone updated on this measures. Headed to legal meeting today to get the real scoop!

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