The United States trustee has issued subpoenas for records from Countrywide. The inquiry is about how Countrywide has dealt with foreclosures in two bankruptcy cases in Florida. Meanwhile. two more federal judges have joined the first federal judge in dismissing a total of 73 foreclosures because the lenders cannot prove that they own the loan.
Moral of the stories: if you are in trouble with your mortgage, contact your mortgage company first. Try to work something out. If you have to file for bankruptcy, make sure that you talk to a competent attorney so that you don’t have problems like this on your case.