Lawsuits Challenging Foreclosures Up Nationwide

“Foreclosure litigation is on the rise as borrowers are increasingly challenging foreclosures because mortgagees continue to struggle proving mortgage ownership,” said Pat McManemin, a trial attorney with Washington, D.C.-based Patton Boggs, a law firm that deals with public policy and regulatory litigation. “Repurchase and secondary market litigation is also increasing as institutions fight over responsibility for substantial losses suffered by holders of these loans.”

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