NY Judge Shack Dies: His Legacy Endures

” If you are going to take away somebody’s house, you have to do it the right way,” Schack told the New York Times in 2008. “You have to have due process, and the law has to be followed.” “That year, he refused to allow foreclosure in 13 out of 14 published decisions in the first seven months, dismissing 12 cases without prejudice because of unproven ownership, according to the Times.”

Editor’s Note: Judge Shack was considered to be radical in thinking that banks had to play by the rules. He treated their claims with justifiable scorn and stated outright that claims of ownership of the “loans” were pure fabrication. Looking back on his rejection of the procedure and substance of the bank claims he was prescient about what would eventually be revealed as robo–signing, fabrication, forgery and malfeasance by the banks.