Rosner Says State Foreclosure Ruling `Quite Significant'
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Rosner Says State Foreclosure Ruling `Quite Significant'

Jan. 10 (Bloomberg) -- Joshua Rosner, an analyst at Graham Fisher & Co., talks about the implications of a court ruling against U.S. Bancorp and Wells Fargo & Co. in a Massachusetts foreclosure case. The state Supreme Judicial Court upheld a judge's decision saying two foreclosures were invalid because the banks didn't prove they owned the mortgages, which he said were transferred into two mortgage-backed trusts without the recipients' being named. Rosner speaks with Deirdre Bolton on Bloomberg Television's "InsideTrack." (Source: Bloomberg) (Bloomberg)

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