How? When? Where? Who? What?
WSJ-
Court delays initially contributed to the problem. But the delays have been compounded because mortgage firms cut corners in proving ownership of loans, with employees preparing documents improperly. The resulting “robosigning” scandal that exploded in 2010 led to more setbacks as banks refiled cases in order to comply with the law.
“The backlog has been related to the fact that [banks’] pleadings were wrong,” said Margaret Jurow, assistant general counsel at Legal Services of New Jersey, which represents homeowners in foreclosure cases. “That’s not the courts’ fault.”