Editorial | Off the News Off the News By Star-Advertiser staff Oct. 15, 2011 Mahalo for supporting Honolulu Star-Advertiser. Enjoy this free story! Read more Mahalo for reading the Honolulu Star-Advertiser! You're reading a premium story. Read the full story with our Print & Digital Subscription. Subscribe Now Read this story for free: Watch an ad or complete a survey Log In Already a subscriber? Log in now to continue reading this story. Activate Digital Account Print subscriber but without online access? Activate your Digital Account now. Here’s a good news story, sort of Usually when a headline screams about foreclosures dropping 74 percent, it’s time for party hats and horns. But, obviously, such a celebration would be premature. What’s happened is that a new state law is in effect, one that essentially puts a moratorium on new foreclosure cases that are not bound for courtroom review. A national scandal about some "nonjudicial" foreclosures being rushed through and signed by unqualified personnel fueled the push for the new law. But lenders aren’t racing to move all the proceedings into court, so there’s a backlog of delinquent mortgages. But even if this signals an economy with a still-ailing housing sector, the fact remains that shoddy and unfair nonjudicial foreclosures shouldn’t be tolerated. On that front, passage of the law itself is still good news. Cavalry to the rescue, of polo The Army clings to the tagging as "cavalry" among its categories of combat forces, but horseback riding has fallen to the rear. A polo match today will resurrect the era, regaining "some of the good that the old Army ‘Cav’ used to have many, many years ago," said Allen Hoe, a Vietnam veteran and president of the Honolulu Polo Club. The Army’s 4th and 5th cavalries were among the soldiers in Schofield Barracks in the 1920s engaging in polo matches and challenging local teams. Gates open for the match staged by the Army at 11 a.m. today at Fort Shafter’s Palm Circle parade grounds. Previous Story Lingle campaign rollout a model of smooth execution Next Story Who'll rule Asia-Pacific trade?