Arguments in R.I. foreclosures case - FORECLOSURE FRAUD

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Arguments in R.I. foreclosures case

Arguments in R.I. foreclosures case

The Providence Journal-

PROVIDENCE — U.S. District Court John J. McConnell Jr. on Wednesday heard legal arguments for and against issuing an injunction to prevent foreclosures and/or evictions from proceeding in more than 800 pending foreclosure cases.

He did not immediately issue an opinion after listening for nearly two hours to legal arguments from lawyers representing borrowers and lenders. The hearing did not include the presentation of evidence.

“The court did not expect to hear 800 evidentiary cases today,” McConnell said.

The hearing was required by a recent appeals court ruling prompted by lenders who objected to McConnell’s 2011 order staying foreclosures or evictions in the pending cases.

[THE PROVIDENCE JOURNAL]

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