The Massachusetts ruling represents a major blow to the securitization industry, and likely will...

|By:, SA News Editor

The Massachusetts ruling represents a major blow to the securitization industry, and likely will fuel more court challenges to bank servicers and trustees for wrongful foreclosures. It's sure to get ugly: "Many people might look at this and say 'I can get my house free and clear if I just contest the foreclosure and get a favorable judge... on my side."