Court bars certain foreclosures

Attorney General Martha Coakley has won a court order that could prevent a subprime mortgage lender from foreclosing on many Massachusetts borrowers.

A judge granted her request for a preliminary injunction against Fremont Investment and Loan.

Coakley sued the California-based lender in October, accusing it of selling risky loans that it knew would fail, including ‘‘no documentation’’ loans.

She said Fremont significantly contributed to the state’s foreclosure crisis.

The injunction bars Fremont from pursuing foreclosure if an individual mortgage loan is deemed to be what the court order calls ‘‘presumptively unfair.’’

A phone message seeking comment from Fremont was not immediately returned.
(AP)