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Judge rules lender can be enjoined from foreclosing in MA be

 
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Joined: 14 Jul 2007
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Location: Greater Boston

PostPosted: Fri Mar 07, 2008 3:15 pm GMT    Post subject: Judge rules lender can be enjoined from foreclosing in MA be Reply with quote

Use this forum thread to discuss the following link.

Description: Judge rules lender can be enjoined from foreclosing in MA because "it is both imprudent and unfair to approve a mortgage loan that the borrower cannot reasonably be expected repay (sic) if housing prices were to fall"
URL: http://www.masslaw.com/030708.cfm
Info/Broken?: http://www.bostonbubble.com/link_info.php?id=1535

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PostPosted: Fri Mar 07, 2008 10:56 pm GMT    Post subject: Reply with quote

All I can say is ........

Good Luck to low income borrowers trying to get loans
in Massachusetts after this
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