Massachusetts Land Court Paves Way For Clearing Defective Foreclosure Titles
Court Uses Novel Equitable Assignment of Mortgage Theory
In what could be the first test case of a new theory to clear up defective foreclosure titles — and much welcome news for property owners stuck with toxic titles — the Massachusetts Land Court (Judge Gordon Piper) has ruled that the theory of equitable assignment of an improperly foreclosed mortgage can be used to clear title of an improperly foreclosed property.
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