Shaky Alliances Form to Fight Zombie Foreclosures

nationwide zombie
Many advocates caution that RealtyTrac data underestimates the number of zombie foreclosures, which are hard to count.

Shaky Alliances Form to Fight Zombie Foreclosures

Nearly a decade after the subprime crisis, many neighborhoods are still plagued by undead leftovers from the crash. “Zombie foreclosures” are those that have been begun — but not finished — by lenders. As homes sit empty, they invite vandalism, drag down property values, and erode municipal tax bases.

Now, in an attempt to exterminate zombies, some unlikely alliances are being formed by groups that traditionally work against each other. One of the most coordinated efforts has become known as “fast track,” so called because it would shorten the amount of time a court-enforced foreclosure process takes.

Fast-track efforts have drawn a diverse group of supporters to an effort that seems like it should be a win-win for municipalities, mortgage bankers and other lenders, and even homeowners. But the alliances between different groups who don’t normally share the same goals or views have been uneasy and the progress murky, and some players say they’ve yielded as many setbacks as steps forward.

More here…


3 Responses to “Shaky Alliances Form to Fight Zombie Foreclosures”
  1. lvent says:

    I’m supposed to meet with the STATES ATTORNEY to discuss the fraud in the foreclosure possibly next week.

    I was told the STATES ATTORNEY wants the evidence I have of it.

    I said only if my house can be saved from FC because otherwise I’m being left defenseless for future claims I could make regarding the fraud.

    I’m going to let you know how it goes.

  2. lvent says:

    Forcing others doesn’t mean they won because they’re cheating dictators.

    No one likes to be dictated to but under false duress which FC is that’s tyranny.

    Moreover, it’s not ACCEPTANCE but FORCED GRATUITY to force sales.

    We’re not slaves whatever they think but we’re being penalized for what they think which is forced deprivation by proxy.

    They want to force others to perform tasks that subject them harshly which is extremism by extremists whose main goal is forcing their fraud in inexplicable ways so you can’t reject them which is dictorial fraud.

  3. lvent says:

    They’re out to criminalize the innocent by fraudulent misrepresentation & that’s why the bailouts weren’t enough for them.

    They’re determined to ruin PRO SE defendants lives by defamation of character for being forced to defend they’re titles themselves.

    What they want is to declare their victims unfit by forced coercion so they can’t win because they intended to destroy their credibility from the onset.

    They’re human trafficking fraud like the mob.

Leave a Reply