Laboratories of Democracy and the Commissioners of Uniformity - Credit Slips
The Uniform Law Commission, who bring you the Uniform Commercial Code and other model state laws, is launching a project to consider drafting a uniform foreclosure law for the 50 states. The study group consists of professors, judges, and lawyers, but notably absent is any member who could be regarded as a consumer or homeowner advocate or even sympathizer. Interested parties may request to participate as observers, and I am told that observers have had some influence on these uniform law projects in the past. Of course, whatever the ULC drafts does not become law until a state legislature chooses to adopt it.
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This is something to keep track of, I would say.
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