Richard Vetstein

945 Concord Street
Framingham, MA 01701, United States

  • 508-620-5352

Airbnb Rentals Raise Thorny Legal Issues In Massachusetts and Beyond

With the promise of relatively easy money, Airbnb (Air Bed & Breakfast) is making innkeepers of many Greater Boston homeowners and even renters who are taking advantage of the popular website’s rental listing service. For those…more
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Asking “Where Are You From?” Results In $60,000 Housing Discrimination Award

A Boston, Mass. rental agent was recently hit with an over $60,000 discrimination penalty for simply asking a prospective tenant the question "where are you from?" The answer was Venezuela but the applicant was "insulted" that…more
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CFPB Issues Final Lending Estimate and Closing Disclosure Forms

CFPB Issues Long Awaited “Know Before You Owe” Mortgage Disclosures, Replacing Truth in Lending, Good Faith Estimate, and HUD-1 Settlement Statement As part of a continuing overhaul of the home mortgage market, the Consumer…more
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Massachusetts Smart Growth Zoning Reform Bill On Fast Track to Passage?

58 Legislators Pushing Comprehensive Zoning Reform Bill “Inclusionary Zoning” Provision May Expand Controversial 40B Law With “Smart Growth” advocates strongly behind them, a cadre of Beacon Hill lawmakers are pushing a…more
| Administrative Law, Real Estate - Commercial, Real Estate - Residential, Zoning, Planning & Land Use

The First Circuit Strikes Again in Culhane v. Aurora Servicing! MERS System Passes Legal Muster But Borrowers Granted Standing to Challenge Mortgage Assignments

For the second time in a week, the U.S. Court of Appeals for the First Circuit has issued a major foreclosure opinion, this one in Culhane v. Aurora Loan Servicing of Nebraska, No. 12-1285. Writing for a distinguished panel…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential, Securities Law

Backdated Mortgage Assignment Comes Back To Haunt Foreclosure Lender in Juarez v. Select Portfolio (1st Cir. Feb. 12, 2013)

In a rare victory for a wrongful foreclosure claimant at the U.S. Court of Appeals for the First Circuit in Boston, the court reversed a dismissal of the borrower’s claims, ruling that a back-dated mortgage assignment rendered a…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential

Redfin “Offer Insights”: Concerns Raised Over Online Posting Of Contract Negotiation Details

Controversial New Internet Practice Raises Confidentiality Concerns & Realtor® Scorn The internet based real estate brokerage company, Redfin, is now arming buyers and sellers with insight into the negotiations that take…more
| Business Torts, Consumer Protection, Real Estate - Residential

Massachusetts Land Court Paves Way For Clearing Defective Foreclosure Titles

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…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential

Massachusetts Landlords Smoking Mad About New Medical Marijuana Law

Burned up Massachusetts landlords are fuming with concern over the state’s newly passed but hazy medicinal marijuana law. The law — rolling out Jan. 1 — grants medical marijuana users the right to grow a two-month supply of weed…more
| Agriculture, Zoning, Planning & Land Use, Health, Real Estate - Residential, Real Estate - Commercial

Lender/Settlement Agent Regulatory Alert: Nov. 6 Deadline to Prevent Proposed CFPB Disclosure Rule From Delaying Closings

Mandatory 3 Business Day Waiting Period Will Delay Closings Action Needed: Comment On Proposed Rule While our attention has been diverted from more important issues such as Hurricane Sandy and the election, please be…more
| Administrative Law, Consumer Protection, Finance & Banking, Real Estate - Residential

Massachusetts Enacts Comprehensive Foreclosure Reform

On August 3, 2012, Massachusetts Governor Deval Patrick signed into law what’s been called the new Foreclosure Prevention Law. The new law makes significant changes to existing foreclosure practices, and also attempts to clean…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential

Averting The Apocalypse: Foreclosing Lenders Avoid Disaster and Given More Options To Foreclose In Eaton v. Fannie Mae

In a case with national implications, the Massachusetts Supreme Judicial Court (SJC), in the much anticipated Eaton v. Federal National Mortgage Association case, held that lenders must establish they hold both the promissory…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential, Securities Law

Because I Said So! Satisfying Rigorous Loan Documentation Requirements Key To Mortgage Approval

When I was a kid, my dad would often answer my questions with “because I said so,” and it would drive me crazy! Now it’s prudent advice to borrowers says Mark Greene at Forbes.com. Mr. Greene recently wrote one of the best…more
| Finance & Banking, Real Estate - Residential

Eaton v. Fannie Mae: A Must Watch Foreclosure Case

The Massachusetts Supreme Judicial Court has just issued an unusual order in the very important Eaton v. Federal National Mortgage Association case, indicating its deep concern over whether its ruling will have a disastrous…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential

Inertia Is Not An Option: Massachusetts Court Rules Lender May Be Liable For Dragging Heels On HAMP Loan Modification

Richard D. Vetstein, Esq. talks about the very important case of Parker v. Bank of America. This is one of the first court rulings siding with a borrower on a lender’s liability for rejecting a HAMP loan modification…more
| Commercial Law & Contracts, Consumer Protection, Finance & Banking, Real Estate - Residential
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Areas of Practice
  • Business Torts
  • Commercial Law & Contracts
  • Construction Law
  • Litigation
  • Personal Injury
  • Real Estate
  • Zoning, Planning & Land Use
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