An audit ordered by the San Francisco Assessors Office found “clear violations of the law” in 84% of cases, and clear irregularities in 99% of the cases reviewed. The problems identified included failing to provide notice to homeowners that they were in default (required by the terms of most mortgages) to problems with the proof provided to show that the foreclosing bank actually owns the note and mortgage.
This is cited as evidence that the problems with mortgage foreclosures are not isolated, but are a serious problem affecting virtually all mortgages.
If you are being foreclosed the odds are great that you have defenses that can be asserted against the bank. Please call me so we can discuss how I can help.