While the rest of America realizes the outright fraud and crime occuring in the foreclosure crisis and takes steps to protect homeowners, what does Virginia do? Aids and abetts criminals. Two fucking weeks notice before getting foreclosed? And not even through a judicial process? What a fucking disgrace. Gov. McDonnell and AG Cuccinelli should be strung up by their fucking balls before being. It is unreal anyone is legitimately AIDING AND ABETTING these banks as they perpetuate fraud. Don't have your paperwork in order? Tough fucking shit. You don't get the house.
VA: A great place for criminals to do business. I'll take up residence at DC General before I ever become a resident of the Commonwealth. Fuck you, Virginia. You fucking suck.
Merry fucking Christmas, Washington.
http://www.washingtonpost.com/wp-dyn/content/article/2010/12/23/AR2010122305457.html?hpid=topnewsVirginia puts homeowners on fast track to foreclosure
Since the meltdown in the housing market began more than three years ago, Maryland and the District have changed their foreclosure laws to give borrowers greater protection. Virginia has moved in the opposite direction.
Last year, the state legislature overwhelmingly passed a law making it easier for lenders to defend themselves when accused of giving homeowners too little warning of impending foreclosures.
The process moves so quickly in Virginia - one of the fastest states in the nation - that homeowners can receive less than two weeks' notice that their house is about to be sold on the courthouse steps.
That confronts homeowners with an almost impossible deadline. To get a court to stop the sale in that narrow window, they must gather evidence, file a lawsuit and potentially post a bond with the court that could total thousands of dollars. Instead of trying to find a lawyer and prepare a suit, many borrowers run out the clock trying to deal with their lender.
At a time when lenders have been cutting corners and using phony documents to seize huge numbers of houses, the hurdles can be insurmountable, according to lawyers, consumer advocates and borrowers who have tried to save their homes.
"There's no question that people are losing their homes when they should not be," said James W. "Jay" Speer, executive director of the Virginia Poverty Law Center, which is part of a legal-aid network.
In many states, homeowners facing foreclosure automatically get a day in court, a chance to tell a judge why they should keep their homes. The judicial process provides at least a modest check on error and abuse.
But in Virginia and 28 other states, as well as the District, according to the RealtyTrac foreclosure information service, borrowers have no such luck. They face "nonjudicial" foreclosure processes, meaning lenders can foreclose without going through the courts.
