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Showing posts with label Rhode Island foreclosure cases. Show all posts
Showing posts with label Rhode Island foreclosure cases. Show all posts

Wednesday, July 3, 2013

Rhode Island foreclosure cases

Rhode Island foreclosure cases face additional uncertainty after the U.S. Court of Appeals for the First Circuit overturned a trial judge’s decision halting foreclosures while the parties attempted to find a resolution through mediation.  The appellate court, with retired U.S. Supreme Court Justice David Souter writing the decision, concluded that banks should have been given a hearing on the likelihood of success before the court effectively granted an injunction and that the amount of time and money spent on mediation should have been capped.