Though new filings are down, Weidner, the attorney, compares the aftermath of the foreclosure crisis to “the wreckage left behind by a hurricane.”
“The bulk of the backlog has been chopped through,” he said, “but the manner in which it was chopped through, quickly and recklessly, will make a whole lot of work going forward with title problems. The crisis is over, but we’re still going to be cleaning up for many years.”
