It is a critical public policy concern that the citizens of Massachusetts (as well as nationally) are protected by the predatory, intimidating and overpowering tactics of foreclosing banks and the judicial preference shown to them at the expense of homeowners and the middle class. We must take collective action to change laws favoring the banks. We demand laws that require banks to prove the chain of title, compliance with laws, opportunities to affordably challenge the foreclosure, forcing the banks to produce all of the documents prior to filing a Complaint to foreclose, requiring the recording of all assignments, changes of name, mergers, etc., and require that all documents filed by the banks to initiate foreclosure must be sent to the homeowner on the day they file. Demand laws that force banks to produce any and all relevant documents regarding the loan upon request without the right to refuse. Stand up and fight. Protect hurting homeowners. Tell the government officials that we demand protection both from the banks, and the legislative and judicial preference shown to these banks.
Why is this important?
Citizens should be concerned about the tactics being employed by foreclosing banks and the judicial preference shown to them at the expense of the middle class and lower income homeowners. I am in this position and there are almost no attorneys who will assist the financially challenged citizens and the state, local and federal governments offer no solutions or aid.