We all need to continually challenge the absurd notion that completing foreclosures (even if the documentation and right to foreclose was true and accurate) is in the best interests of society.
We need to advance the discussion and focus on the basic economics….foreclosed homes are a bigger liability to the lenders/investors and society as a whole than a home that has a homeowner in the home paying even a reduced mortgage.
The Florida Supreme Court estimates that there will be more than 500,000 foreclosures by 2011. What would happen if we granted even
