Relevant and even prescient commentary on news, politics and the economy.

Foreclosure, mortgage and promissory notes in MA

Via Firedoglake’s David Dayen comes this post of the ‘ambiguity’ of a State Supreme Court ruling on one case of foreclosure action and the requirements to ‘own’ a property. Based on my conversations, the ruling does not allow Fannie Mae to foreclose. It remands the case back to the lower court for them to decide […]