Get ready for the next wave of foreclosure litigation….this time featuring the Federal Government suing citizens in order to foreclose. We’re already starting to see it as various servicers or banking entities pursue foreclosure, cryptically announcing their status as “authorized to bring this action on behalf of Fannie Mae“.
It is an interesting phenomena that now you will see taxpayer dollars being used to fund litigation against taxpayers. Will our judges start enforcing rules and law when it is the mighty federal government breathing down the homeowner’s neck or will the case law have become so developed by that time that there will be no more need for judges….the Feds just come and kick down your door and throw you onto the street…..think about it, it’s already happening now.
