More Problems with Bank Foreclosures and Wachovia REO Homes

by cassy82 | December 6, 2010 at 05:47 am
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Processing of bank foreclosures, including Wachovia REO homes for sale, is again put under scrutiny in Pennsylvania. The latest issue is lenders' alleged use of non-lawyers.

The validity of procedures used in bank foreclosed properties, including Wachovia REO homes for sale, is again being questioned as two cases of Pennsylvania foreclosures grab the headlines recently. According to housing industry analysts, the cases have potential far reaching implications on foreclosures all over the state.

Analysts have stated that York bank foreclosures and other bank owned properties all over the region will be affected by the lawsuit filed against the law firm Goldbeck McCafferty and McKeever (GMM). The lawsuit alleges that the firm has allowed non-lawyers to file and even prosecute foreclosure cases.

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