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Property Law Keyed to Dukeminier
Commonwealth v. Fremont Investment & Loan
Facts
The Commonwealth of Massachusetts, acting through the Attorney General’s office brought a consumer protection enforcement action against the defendant, Fremont Investment & Loan claiming that in originating and servicing 14,578 loans, 50-60 percent of such loans were “subprime” mortgage loans on borrowers’ homes between 2004 and 2007 acted unfairly and deceptively in violation of M.G.L. c. 93A § 2. Fremont’s ability to foreclose on loans with features that the judge described as “presumptively unfair.”
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