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The Effects of Ibanez on Future Foreclosures


A high profile case in the state if Massachusetts named the Ibanez case is making a name for itself with the mortgage industry.  The Ibanez case was in favor of the homeowner due to the lender not following the correct protocol for foreclosing on a borrower.  US Bank Corp and Wells Fargo did not transfer the homeowners loan properly which lead to the Supreme Court to ruling in favor of the homeowner.  Hopefully, this ruling by the Supreme Court of Massachusetts will set a precedents going forward with banks and lenders.