February 27, 2015 / 11:57 AM / 3 years ago

Massachusetts banks seek to block local foreclosure laws

(Reuters) - Seven Massachusetts banks have asked a federal judge to stop enforcement of local laws combatting the impact of home foreclosures, arguing that the state’s highest court has already ruled such laws invalid.

In a filing on Wednesday, a lawyer for the banks said the ordinances, passed by the cities of Lynn and Worcester, put restrictions on the foreclosure process, an area of state concern, not local.

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