Protecting Homeowners from Non-Judicial Foreclosure of Mortgages held by Fannie Mae and Freddie Mac by Florence W. Roisman - FORECLOSURE FRAUD

Categorized | STOP FORECLOSURE FRAUD

Protecting Homeowners from Non-Judicial Foreclosure of Mortgages held by Fannie Mae and Freddie Mac by Florence W. Roisman

Protecting Homeowners from Non-Judicial Foreclosure of Mortgages held by Fannie Mae and Freddie Mac by Florence W. Roisman

Protecting Homeowners from Non-Judicial Foreclosure of Mortgages held by Fannie Mae and Freddie Mac

Florence W. Roisman, Indiana University Robert H. McKinney School of Law

Abstract

Fannie Mae and Freddie Mac hold or guarantee about three-quarters of the mortgages in the U.S. Traditionally, those mortgages have been foreclosed by non-judicial foreclosure in the states (more than half the states) that allow non-judicial foreclosure. In September 2008, a federal agency, the Federal Housing Finance Agency, put Fannie and Freddie into conservatorship and took total control of both. This article asks whether, post-conservatorship, foreclosure of mortgages held by Fannie and Freddie is subject to Fifth Amendment due process constraints, which most non-judicial foreclosure statutes do not satisfy. The article concludes that such foreclosures are subject to the Fifth Amendment.

Down Load PDF of This Case

© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 11487 posts on FORECLOSURE FRAUD.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

Advert

Archives

Please Support Me!







Write your comment within 199 characters.

All Of These Are Troll Comments