Herald Covers UM Foreclosure Fellows

Nice article in today's Herald about the UM law foreclosure fellows program, New lawyers help fight foreclosures.

I got quoted as saying,

“When the foreclosure happens, the number of important legal defenses that may be available are not always obvious to people without legal training,” said Michael Froomkin, a University of Miami law professor who heads the Foreclosure Defense Fellowship.

“Some of these options will buy you time, and some of these will do a lot more … even those that buy you time are a way of getting a lender's attention and stimulating a negotiation,” he said.

For a good discussion of what one of those defenses looks like — and some of the pitfalls to which it can be subject — see today's analysis at Calculated Risks, Putting the MERS Controversies in Perspective.

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