The Independent Foreclosure Review has been scrapped for a new $8.5 billion settlement with the banks. These articles describe the reasons:
-
Foreclosure Review Insiders Portray Massive Failure, Doomed From The Start, Huffington Post -
Bank Deal Ends Flawed Reviews of Foreclosures, NY Times. -
The Foreclosure Fiasco, NY Times
Is this change having an effect on your clients or your work? Do you think the decision to end the review process was a good one?
About the Author
Comments