Friday, November 27, 2009

I like this story:
Judge Voids Mortgage Due to Bank’s "Bad Faith"

A Long Island judge voided the mortgage of a home-owner after the legal team for the creditor behaved in an egregious manner.

The lender lied in various dunning notices and court papers, claiming a balance due of $527,437.73, including an escrow overdraft of $46,627.88 for advanced taxes — even though the outstanding loan balance was $283,992.48 as of Aug. 10 and the taxes were already paid.

Happy leftovers,
Not Atrios