The Essentials of Foreclosure Investing
Federal judge refuses to block foreclosures
Posted on By Ricky at 15 February, 2008, 12:53 amHomeowners facing foreclosure could have a hard time defending themselves. A federal judge has refused to temporarily block many Hennepin County foreclosures.Judge Joan Ericksen on Wednesday denied a request for a temporary restraining order against foreclosures initiated by a national electronic mortgage registry. The case is being closely watched by the real estate financing industry because the registry initiates an estimated 40 percent of metro-area foreclosures.
Category : Industry News
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