Scott Van Voorhis does a good job of connecting the dots in his Real Estate Now post today musing about a future “foreclosure-gate” class action. His reasoning goes like this: New York just passed a law letting foreclosure homeowners collect legal fees from lenders for not-so-successful foreclosures (robo-signed ones). That’s too good of a thing for other states to pass up, and it’s only a matter of time before it spreads (as one source says).
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