Foreclosures May Be Undone by Massachusetts Ruling on Mortgage Transfers - Supreme Court to Rule!
This is AWESOME! The Foreclosure Fraud is Alive and Well!
I WILL SAY OVER AND OVER - FOR EVERYONE TO STAND UP TO THE FRAUD! DO NOT GET FORECLOSED ON! I WILL BE EXPLAINING MORE ON WHAT I AM DOING, MYSELF AND WHAT ACTIONS I HAVE TAKEN!
I AM BEGGING PEOPLE TO PASS ON TO EVERYONE YOU KNOW - TO FIGHT EVERY FORECLOSURE!
Massachusetts’s highest court is poised to rule on whether foreclosures in the state should be undone because securitization-industry practices violate real- estate law governing how mortgages may be transferred.
A victory for the homeowners may invalidate some foreclosures and force loan originators to buy back mortgages wrongly transferred into loan pools. Such a ruling may also be cited in other state courts handling litigation related to the foreclosure crisis.
“This is the first time the securitization paradigm is squarely before a high court,” said Marie McDonnell, a mortgage-fraud analyst in Orleans, Massachusetts, who wrote a friend-of-the-court brief in favor of borrowers. The state court, under its practices, is likely to rule by next month.
