with deadlines and Appeals the process

of foreclosure is confusing for many

homeowners as Leigh of Michigan reports

lawmakers are now holding a series of

hearings to help ease housing concerns

for those still chasing the dream in the

audience is a Jay Cardella he says he

had a home he had a good job when the

market crashed he fell behind in the

process he had his home foreclosed and

he says he never had the chance to save

it he says he never got discovery the

laws which are supposed to protect us as

homeowners okay those are not being

followed by the banks and the assembly

Housing and Community Development chair

says they're holding these hearings to

find solutions to closing loopholes

it's a system that doesn't work in

favorite people in 2017 New Jersey ranks

number one in the nation with the

highest foreclosure rates according to

data compiled by Adam data solutions the

current rate is one in every 718 homes

but the clerk of the Superior Court says

the number of pending foreclosures on

the courts docket is roughly five times

less than it was five years ago

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on the docket less than 19,000 of them

are residential and only 5% say my

mortgage is wrong there's some kind of

fraud I'm being mistreated that begs the

question are people giving up because

they're not aware of their rights the

president and CEO of Housing and

Community Development Network New Jersey

wants to see additional resources put in

place to help guide people through the

process before they face permanent

foreclosure disincentive for

institutions to foreclose on people bank

repossessions in the state are at an

11-year high which goes against the

national trend of an 11-year low

legislative liaison Alison Jones

addressed the committee with some of the

solutions brought forward by the Supreme

Court Special Committee on residential

foreclosures to make the process better

trying to get

the time between

a homeowner is informed that a

foreclosure is going to occur and we

approach the complaint is actually filed

with the court right now that timeframe

can be significant and it's often

confusing to people the report also

recommends creating a database of

foreclosures statewide from the pre

complaint process all the way through

the sheriff's sales the whole system has

to be looked at and revamp to make it

best for the people because as the

system currently stands people like a.j

cajolá face pending eviction no forced

to become a lawyer because no lawyer

wants to take such a case against the

judiciary but he says he's not going to

stop fighting in Union laya Michigan

NJTV news

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