Category: foreclosure

Banks who buy mortgages may not be able to foreclose

24 June, 2009 (21:29) | foreclosure

Attorney Michael Goldstein one of the Massachusetts Bankruptcy attorney’s who works with Legal Administrative answers posted a very interesting Blog article on his site, regarding banks trying to buy foreclosed properties but then conduct the sale themselves.  It would appear that this is not allowed in Massachusetts.

A common practice in the mortgage industry is to [...]