Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 7 December 2012 [View all]Demeter
(85,373 posts)The timing couldnt have been better when Thomas Cox walked into the offices of Pine Tree Legal Assistance, a Maine nonprofit where he had periodically volunteered during his long career as a private practice lawyer for banks that specialized in debt collection and foreclosures.
Pine Tree was just about to launch a new organization called Maine Attorneys Saving Homes, to provide legal assistance for low-income homeowners facing foreclosure in the state. And Cox couldnt have been a better fit. He had literally written the book on the subject.
The guy who wrote the manual on foreclosures walks into this place on the day theyre looking to set up a program, he says with a laugh about that day in April 2008. They said, Would you like to help us get this going? and I said, Yeah, that sounds like fun.
Maine Attorneys Saving Homes would soon have an impact far beyond Maine. When Cox delved into foreclosure affidavits (sworn statements), he detected blatantly fraudulent practices by banks. He discovered that their affidavits were signed by witnesses who knew nothing about the documents' contents, and that many of the affidavits were filled with false statements. I was seeing it case after case, Cox recalls.
http://www.encore.org/thomas-cox-0