Editorial: Making banks dot the “i” in every foreclosure – The Denver Post
The bill would require those county judges who are reviewing foreclosure cases to first ascertain that the bank attempting to gain title to the property has the right to do so. Only then can the home be ordered to be sold at public auction.
These are appropriate safeguards that should not be overly burdensome to lenders.
A foreclosure can be a traumatic event for homeowners who are struggling to find work and put food on the table.
It’s not too much to ask lenders to dot every “i” and cross every “t” before turning them out.