Before going further, I want to remind readers not to take all that you will inevitably hear about the “foreclosure moratorium” as fact. The mis-information already floating around will inevitably be taken by some as gospel, and it will cost them their homes. I recommend taking everything you hear about the foreclosure moratorium with a grain of salt, and don’t make any life altering decisions based on sketchy reports of banks being unable to foreclose. IOW, if you aren’t
Will a Foreclosure Moratorium Result in Temporary Help for Distressed Home Owners? The Attorney General of the State of Washington, and those of numerous other states, took action today regarding the current crisis in real estate foreclosures. Rob McKenna, the Washington AG, put all foreclosure trustee service companies on notice, telling them to ensure that they are following the law in each and every foreclosure case, or not pursue the foreclosure further until they can.