Privatizing the Foreclosure Sale

I have been talking to people about this for over a year.  Running the foreclosure auction through a private firm or individual to streamline it.  There is already law on the books that allows for this possibility.  It looks like someone has had the same idea.  This email went out to members of the Columbus Bar Association yesterday.......

The United States District Court for the Southern District of Ohio will be appointing Special Masters in foreclosure cases on a case-by-case basis. Compensation is $500 per foreclosure case. If interested in this opportunity, please see the Special Masters Appointment (pdf) opportunity on the Job Announcement page of the Court's web site.

Unfortunately, you need to be an attorney with at least 5 years experience, but what this means is that the Courts can appoint individuals to manage the process instead of the sheriff.