Foreclosure Sales in the News Again
Did anyone else catch the piece on Channel 4 news about foreclosures? The Promo for it made it sound like there was some meet to a new fight against Hawaii non-judicial foreclosures. But the actual piece didn't reveal any new information whatsoever. It only said that there has been confusion since the Non-Judicial Foreclosure sales were moved away from the State buildings and onto the sidewalk. We knew this already.
What I find ironic is that the piece talked about how a homeowner losing his house might now not be able to locate the auction, implying the banks are being sneaky in their location change. But the reason the auctions were moved several months ago was not because the banks wanted a change to this decades old practice. It was because a homeowner in danger of losing his house sued the State claiming the auctions shouldn't be held on state grounds since they are not state business. So, in essence, the State shrugged it's shoulders, said 'OK' and the auctions were moved to the sidewalk in front of, or near, the same State building.
So, to the homeowner that sued to have the auctions moved: You should sue again because now it's harder to find the auction!
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