Steve Susman for Congress 2012
End The Insanity
January 2011 Blog Posts (1)
US Foreclosures In Legal Trouble
US probe into home repossessions
Two of the US's biggest mortgage lenders have had mortgage foreclosures cancelled in a case that could affect other banks.
The Supreme Court in Massachusetts ruled against US Bancorp and Wells Fargo in a widely watched case.
Backing a lower court ruling made in 2009, it said two foreclosure sales were invalid because the banks did not prove that they owned them at the time.
Bank shares fell sharply after the ruling… Continue
Added by Steven Susman on January 18, 2011 at 12:31am — No Comments
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