Foreclosures through Facebook Soon to Hit US?

New trend with Facebook Foreclosures

Having a hard time serving a Foreclosure notice? Does the occupant of the home seem to be non-existant? Can't contact them at home or by phone or e-mail? Try Facebook!

Australia, New Zealand, Canada, and England have all seen their mortgage lenders been allowed by court officials to send foreclosure notices to the borrowers via Facebook. The result of this? All cases have found in unsurprising fashion that these foreclosure notices almost immediately were responded to. The one particular case in England took “a matter of minutes for the debtor to respond to the e-mail,” and allowed for a much smoother and faster foreclosure process.

Will the US be the next country to allow for these Facebook Foreclosure notices? Mortgage lenders would certainly gain benefit, a benefit already clearly seen by debt collectors and divorce attorneys that are able to track down and gain evidence through Facebook.

What's stopping the US from doing this already? "But, though electronic service is usually permitted in the US, parties must have agreed to it in advance. So don't be surprised if lenders begin to routinely request—and obtain—the borrowers’ permission to make service of foreclosure notices via email, Facebook and other electronic means at the time the original loan documents are signed. It is possible that someone you know might get a really unwelcome direct message from their lender in the not so distant future."

Source: Newser