Hi Robert:

It's roughly the same as Ohio, but somewhat different procedurally  in Massachusetts.  The conveyance is  an actual deed transfer of the property directly from the bank.  99.99% of the time the bank is the high bidder & the grantee at the foreclosure  sale (& deed)  & after that there's a quitclaim conveyance to a purchaser.  This foreclosure deed does not name Joe Blow as the grantee.  If it did there would be no question that this pre-existing FTL would affect the title.  The bank's foreclosure deed went directly to the LLC & he was  named as the high bidder, & then signed an assignment of his bid to the LLC to both release his interest as the high bidder at the sale & to confirm title in the LLC.

It didn't quite pass the smell test for me.  Haven't heard from the attorney yet - as a rule I don't ever find out how these issues are resolved.