March 22, 2011

In a proposed agreement with New Jersey’s six largest mortgage servicing companies, the New Jersey judiciary would end the judiciary’s proceeding filed last December which threatened to shut down foreclosures and sales. The agreement would instead require servicers to file papers by April 1, 2011 showing that they have “cleaned up” their improper foreclosure practices such as using robo-signers. We anticipate foreclosures to thus resume and “ramp up” if this proposal is finalized.

We have had to reschedule the foreclosure defense seminar which was scheduled for Friday, April 1, 2011 in Edison, New Jersey as Mr. Barnes has been called to a specially set hearing in Hawaii to be followed by meetings with Hawaii homeowners seeking to challenge imminent foreclosures. The seminar will likely be rescheduled for the latter part of April, 2011. Please moniter this website for the new date.

Finally today, we highly recommend that anyone engaged in foreclosure defense immediately see the movie “Inside Job”. It takes a bit to get going, but it will give a primer of why we are in the situation we are in and how we got here. Just try not to throw your shoe, beer mug, wine glass, or a brick at the screen when the villians from Goldman Sachs, the Financial Services lobby, etc. start spewing their outright lies. 

Jeff Barnes, Esq., www.ForeclosureDefenseNationwide.com