“A state judge, law professor and consumer attorneys are testifying before Congress that in many cases the banks trying to foreclose on borrowers do not have the legal standing to do so, according to prepared remarks.
New York State Supreme Court Justice Dana Winslow said Thursday in written remarks that “standing has become such a pervasive issue” in the cases he sees “that I frequently use the term ‘presumptive mortgagee'” to describe the entity trying to foreclose.”
Wow.
Now, watch congress get bribed to screw it up worse.
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