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California Audit Finds Broad Irregularities In Foreclosures

Posted: 02/15/12 11:59 PM ET  |  Updated: 02/16/12 12:16 PM ET

A Foreclosure Sale sign is seen in front of a home on January 6, 2009 in Miami, Florida. The National Association of Realtors Pending Home Sales Index, based on contracts signed in November, dropped 4.0 percent to 82.3, the lowest level since the series started in 2001. (Photo by Joe Raedle/Getty Images)

The New York Times:

An audit by San Francisco county officials of about 400 recent foreclosures there determined that almost all involved either legal violations or suspicious documentation, according to a report released Wednesday.

Read the whole story at The New York Times


Filed by Peter Finocchiaro  |