Watch out, this could get ugly! I was on a call with Kirk Nace several months ago where this was discussed and he told us all it would take a while to work itself out but this foreclosure mess has the potential to be hugely negative for lenders and possibly even for those who bought properties that had been foreclosed on...stay tuned.
Click on the title above or the link below to review the entire article.
http://www.massrealestatelawblog.com/2011/01/07/ibanez-foreclosure-ruling-upheld-an-indictment-of-the-securitized-mortgage-system/
