Search This Blog

Take That Deutsche Bank! Worcester Homeowner's Foreclosure Sets Precedent

In a Worcester resident's foreclosure case, a federal bankruptcy court ruling called into question the ability to foreclose on a MERS held mortgage.

In the case Schwartz vs. Deutsche Bank (nasty nasty people) a MA judge ruled against Deutsche Bank. Yes, the very bank that had more than just a hand in the worldwide mortgage debacle and brought you the infamous CDO. 

Read the details here: The MA RE Blog
Mr. Vetstein is the first to report about this very important case. The text of the ruling can be found here: scribd.com.