Massachusetts enacted strict foreclosure laws to mitigate distress within local housing markets, but now attorneys in the state are accusing banks of failing to follow all legal terms when instigating a foreclosure.
Jenifer McKim with the Boston Globe says some attorneys believe “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.”