Massachusetts allows for both judicial and non-judicial foreclosure processes. However, for majority of foreclosure proceedings non-judicial method is preferred. The mortgage usually contains a provision called a power of sale clause when initially signed. It contains a provision called a power of sale clause which can allow the lender to foreclose the property in case ...

In New York, foreclosure procedures are all Judicial controlled by the courts. Normally, time of about 15 month is required to complete the process of foreclosure in New York which is the longest time in the US. As the property acts as security for the underlying loan, New York is known as alien theory state. The ...