Richard D. Vetstein, Esq. was recently quoted in Bloomberg News about the recent Massachusetts case of Eaton v. Federal National Mortgage Association (Fannie Mae) which has the potential to significantly impact the foreclosures of the millions of securitized mortgages in Massachusetts and the U.S.

Seizures Threatened In Massachusetts With Naked Loans Challenge: Mortgages, Bloomberg News (Feb. 21, 2012).

“The banks will have to find ways to reunify them and establish the same party holds both the note and mortgage,” said Richard Vetstein, a real-estate lawyer in Framingham, Massachusetts. “It’s going to open up foreclosures to challenges all over the place.”

The Massachusetts Supreme Judicial Court justices signaled last month they may rule in favor of Eaton when they asked parties in the case to submit briefs arguing whether such a decision should be applied retroactively or only to future lending. If retroactive, it would cloud the titles of the 40,000 Massachusetts properties seized in the last five years and while the ruling only applies to the state, it could serve as a model for homeowners trying to overturn foreclosures in other states.

 

Richard D. Vetstein, Esq. is now the new legal contributor to Banker and Tradesman’s Law of the Land column. His first article, New Trends Emerging In Short Sale Legal Transactions, was published on Feb. 6, 2012.

New Trends Emerging In Mass. Short Sale Transactions, Richard D. Vetstein Feature Article in Banker & Trade…

Founding Partner of The Vetstein Law Group, P.C., Vice President + Director of Marketing for TitleHub Closing Services, LLC

Tel: 508.620.5352 | Email: rvetstein@vetsteinlawgroup.com


View Richard Vetstein's profile on LinkedIn

Richard D. Vetstein, Esq. is the creator and principal author of the Massachusetts Real Estate Law Blog. Rich is a nationally recognized real estate attorney, having written extensively on real estate legal issues and been featured or quoted by the Boston Globe, Bloomberg News, Financial Times, Associated Press, Wall Street Journal, and Banker & Tradesman. Rich was recently selected as one of Inman News’ Top 100 Most Influential in Real Estate.

 

As a former outside title claims counsel for a national title company and sitting zoning board member, Rich has extensive experience with real estate litigation, title claims, condominiums, construction, lending, and residential transactional work. Rich has worked on several groundbreaking real estate cases in his career.

 

Rich is also a trailblazer for the successful use of the Internet and social media for his companies’ marketing efforts. Rich thinks so highly of social media that he helped found HubConnected LLC, which provides Social Media Solutions for the real estate industry. The ABA Journal and Lawyers Weekly USA have featured Mr. Vetstein for his successful use of blogs and social media. Mr. Vetstein is also a contributing blogger on Boston.com’s Real Estate Now Blog.

 

Education

Suffolk University Law School, J.D.

  • Top 10% class rank
  • Law Review
  • Clerk, Federal District Court Judge William G. Young.

Miami (Ohio) University in Oxford, OH, B.S. in Mass Communication/Media Management with a minor in Marketing.

  • Account Executive, Laws, Hall & Associates, Molson Breweries in Toronto, Canada.
  • Sigma Alpha Mu. Fraternity
  • Men’s Volleyball Team

Community

Rich is active in his community, local philanthropies and bar associations, which provides him with the opportunity to give back, volunteer and connect with his colleagues and peers.

Publications/Speaking Engagements

 

Reported Cases

 

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