A Massachusetts judge is blocking H&R Block from automatically foreclosing on up to 9,700 Bay State homeowners, ruling that the firm apparently wrote mortgages with “reckless disregard (for) the risk of foreclosure.”
“Any lender with even a modicum of business morality should recognize that it is immoral, unethical and unscrupulous to issue a home loan with reckless disregard (for) the risk of foreclosure,” Suffolk Superior Court Judge Ralph Gants wrote in a preliminary injunction against H&R Block. See more on this from the Boston Herald.
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