Over the past few
weeks, there have been many announcements by major financial institutions of
halting foreclosures in the 23 states which use a judicial process. This is in
response to reports of faulty paperwork from the lenders employees. GMAC was
the first to announce a freeze, followed quickly by JP Morgan Chase and Bank of
America.
Many in the media are anticipating a large scale response to the inefficiencies
within the foreclosure process on the side of the servicers from both the
p...
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The people and organizations who invest in trying to strengthen its practice know better than any stakeholder that the road is rocky. Deepening our understanding of any initiative’s strengths offers us an advantageous perspective to learn from and built upon previous work. Pondering its shortcomings can been sobering and humbling experience as well. It teaches the lesson that criticizing the mistakes of others is vastly easier than figuring out how to do this difficult work better. The purpose of this blog is to learn from innovative ideas, share experiences and move forward building stronger and healthier communities.