New York Foreclosures Nearly Stall

In New York State, foreclosures have dwindled dramatically, but it's not due to some huge upswing in the housing market. Rather, it's the result of a state judge's ruling in October that banks must reaffirm that they know their foreclosure documents are accurate based on their own examination of the paperwork. Abigail Field of our sister site, DailyFinance, delves into the aftermath of the ruling and its implications.Check out the jump to read more.


