Mass. banks accused of violating foreclosure laws

Written By Unknown on Senin, 05 Agustus 2013 | 22.27

BOSTON — Attorneys for homeowners fighting to save their homes from foreclosure say many banks are still violating basic legal requirements when foreclosing on properties in Massachusetts.

They say in particular lenders do not always adhere to a 2007 state law, amended in 2010, that provides homeowners 150 days to catch up on missed mortgage payments before a foreclosure can begin.

Eloise Lawrence, an attorney at the Harvard Legal Aid Bureau in Cambridge, tells The Boston Globe she has helped more than two dozen homeowners overturn their foreclosures in Lynn alone based on problems with right-to-cure notices.

Jon Skarin, senior vice president of the Massachusetts Bankers Association, said some courts interpret Massachusetts law differently than banks do. He says lenders send tens of thousands of such delinquency notices statewide annually without problems.

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Information from: The Boston Globe, http://www.bostonglobe.com


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