Patrick Signs Foreclosure Prevention Law To Expand Homeowner Protections

BOSTON – Friday, August 3, 2012, Governor Deval Patrick today signed “An Act Preventing Unlawful and Unnecessary Foreclosures.” The new law expands important consumer protections and continues the Commonwealth’s national leadership on foreclosure prevention. “This legislation establishes strong consumer protections for borrowers that are unparalleled in other states,” said Governor Patrick. “Foremost among these protections is […]

Missing Muscle Car Returned After Being Taken By BofA Contractor

No explanation of how it was taken, but charges against NH men Thomas Caywood TELEGRAM & GAZETTE  On Tuesday afternoon, a garage door rolled up at the Manchester Police Department in New Hampshire, and Sims Dahrooge laid eyes on a familiar rear spoiler and dual exhaust pipes bristling from the back of a vintage purple […]

JPMorgan Chase fails to end US mortgage modification lawsuit

Jonathan Stempel, Reuters A federal judge rejected JPMorgan Chase & Co’s bid to dismiss a lawsuit accusing it of misleading thousands of cash-strapped homeowners nationwide about modifying their mortgages. U.S. District Judge Richard Stearns in Boston on Friday let homeowners pursue claims that the largest U.S. bank systematically failed to keep its end of the […]

Massachusetts Man Pays Off Mortgage With Pennies

Ira Kantor, Boston Herald penny saved was a penny earned for one Mendon grandfather — toward a milestone mortgage payment. Back in April, Thomas Daigle brought in more than 62,000 pennies collected over 35 years in two steel boxes weighing about 220 pounds apiece, to Milford Federal Savings and Loan, which he used to make […]

This Is An Interesting Analysis Of Eaton v. Fannie Mae

Eaton v. Fannie Mae Analysis Adam Levitin, Credit Slips The Massachusetts Supreme Judicial Court finally issued its long-awaited ruling in Eaton v. Fannie Mae. This case involved the question of whether a “naked mortgagee”–a mortgagee that was not also the holder of the promissory note–had standing to foreclose. (Full disclosure:  I submitted a pair of amicus briefs […]

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