Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

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Lawsuit claims NJ foreclosure system violates due process

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According to Law360, a lawsuit filed in New Jersey federal court accuses the state of violating homeowners civil rights. The publication further explains:

A lawsuit filed Thursday in New Jersey federal court accuses the state of violating civil rights by issuing default judgments in residential mortgage foreclosures without providing homeowners with due process, claiming the system works in favor of banks.

Source: Law360
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