Homeowners United
to Stop Unjust Foreclosures

Foreclosure Issues

The mortgage foreclosure process is beset by a variety of problems, such as "robo-signing" of foreclosure documents, counterfeit loan documents, questions about the validity of the mortgage-backed securities process, and much more.

Adam J. Levitin, Associate Professor of Law, Georgetown University, submitted testimony describing these issues to the Senate Committee on Banking, Housing and Urban Affairs, November 16, 2010. It is a worthwhile and educational read: Problems in Mortgage Servicing from Modification to Foreclosure.

Foreclosure Issues Summary

In his testimony, Levin describes the following issues with the foreclosure process.

• Legal Standing of the Foreclosing Entity
• Securitization Chain of Title
• Mortgage Electronic Registration System (MERS)
• Foreclosure Fraud
• Robo-Signing
• False Lost Note Affidavits
• Loss Mitigation
• Foreclosure Fiascos