Consumerist Highlights the "Show the Note" strategy to delay foreclosure

Today the Consumerist blog the editors showed a story about how homeowners can delay foreclosure by asking the bank to show the note.

Beleaguered homeowners who can't pay their mortgages and risk losing their property to banks can try a Hail Mary pass to keep sticky-fingered bankers away from their real estate. They can ask banks to show them the promissory note that they signed during closing, promising to pay the mortgage. If the bank can't immediately dig up the paperwork, homeowners will most likely buy some more time.