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Last February, a State Supreme Court justice in Brooklyn, Arthur M. Schack, rejected a foreclosure based on a document in which a Bank of New York executive identified herself as a vice president of MERS.
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RealtyTrac tracks foreclosures based on court filings in 2,200 counties.
She also dreams of starting a nonprofit to help others battle foreclosures, based on her own experience.
To compile our list, we started with the country's 100 largest metro areas and ranked them by annual foreclosure rate, based on data from RealtyTrac, a listing firm that tracks foreclosures.
Mr. Blumenthal, who is running for senator in Connecticut, said the freeze "should stop a foreclosure steamroller based on defective documents and enable effective remedies".
It should assure that borrowers are not taking on obligations in excess of one's reasonable ability to pay and result in a strong probability that the debt will be paid off in accordance with its terms and should advise each consumer as to his or her foreclosure risk based on an applicant's risk profile.
The Bank of America has run a massively unlawful foreclosure system based on perjured affidavits.
"This freeze should stop a foreclosure steamroller based on defective documents and enable effective remedies," Blumenthal said.
Some foreclosures were based on fake documents, giving homeowners an opportunity to challenge the right of financial institutions to seize the property.
In a statement, Citi said it was "making every effort to ensure that no foreclosure goes forward based on an inaccurate or defective affidavit".
Previously, Wells officials said they believed that their notarization procedures complied with the law in South Carolina, where the bank's loan foreclosure operations were based.
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