WTF? Bondi Tells Foreclosure Courts to Mind Bank Agreement in Rulings
Bondi Tells Foreclosure Courts to Mind Bank Agreement in Rulings
Attorney General Pam Bondi sent a letter this month to the Florida Supreme Court and chief judges statewide reminding them that in the push to move foreclosure cases forward, they must also consider the nationwide settlement reached last year with five major lenders.
The letter, sent Sept. 3 to Chief Justice Ricky Polston, comes at a time when foreclosure defense attorneys complain the settlement is being violated by a judiciary that often refuses to cancel foreclosure sales or delay judgments when a mortgage modification is under consideration.
According to the settlement, which requires specific customer service standards, banks must ask the court to delay the case if a modification or other solution is pending.
“These standards may impact cases in our trial courts and therefore I want to bring to your attention some general information about them and their potential overlap with foreclosure litigation,” Bondi wrote.
Bondi attached a fact sheet about the servicing standards that could impact foreclosure court rulings.
Copy of the letter here…