President Obama Declines to Sign Bill Designed to Speed Up Foreclosures

President Obama has decided not to sign a bill intended to speed up foreclosures being processed by state and federal courts.  The bill would have required state and federal courts to recognize documents that were notarized in other states.  Various housing advocates and attorneys warned that the billl might have made it more difficult to challenge the legitimacy of foreclosure records at a time when reports of improper foreclosures are on the rise.  

If you believe that you have been subjected to improper foreclosure practices, contact the lawyers of Brady & O'Shea at (319) 866-9277.