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Expert Analysis

Mass. Foreclosure Ruling Offers Lessons For Lenders

By Francesco De Vito (June 10, 2019, 2:50 PM EDT) -- The Massachusetts Court of Appeals recently held that a foreclosing lender must use reasonable efforts to get the best price and that when those efforts reveal the potential to develop the property to increase the sale price, the lender should take such potential into account and share it with prospective bidders....

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