Massachusetts Supreme Court Ruling Clarifies Foreclosure Rights

A recent opinion in the Massachusetts Supreme Judicial Court clarified a sticking point regarding a mortgagee’s right to foreclose, in spite of some unclear wording in the original mortgage paperwork. The case was brought against James B. Nutter Company by three reverse mortgage borrowers, all of whom had secured home equity conversion mortgages (reverse mortgages) …

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Source: DS News

2018-01-30T17:08:14-06:00