Relevant:
- Colorado Failing... Foreclosures By Wink, Nod or Text Message
- Hawaii Court rules: No valid assignment means Deutsche has no standing to foreclose
- AZ Legislation would require lenders to actually own a home before foreclosing on it
- Imploded: Signature Bank, Windsor, Colorado
- Internal Doc Reveals GMAC Filed False Document in Bid to Foreclose
2012-04-29 — daily-times.com
Two of Colorado's largest banking associations are digging in for what could be a protracted battle against a ballot initiative that would require lenders to prove their right to foreclose on property.
Currently, a bank can foreclose with just a lawyer's signature without proof -- such as a properly assigned mortgage -- that it is owed the money.
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