Relevant:
- AIG Suit Against Bank of America to Be Sent to State Court - Syndication Content Article - American Banker
- Federal Court: Borrower is INTENDED 3rd Party Beneficiary of HAMP – Homeowner Sues for Breach
- Virginia court: Mortgage servicers can foreclose, despite alleged promises to borrower
- Michigan Court Of Appeals Rules MERS Has No Authority To Foreclose
- Foreclosure challenge dies quiet death in federal court
2009-10-26 — creditwritedowns.com
" One surprising smackdown occurred on Oct. 9 in federal bankruptcy court in the Southern District of New York. Ruling that a lender, PHH Mortgage, hadn’t proved its claim to a delinquent borrower’s home in White Plains, Judge Robert D. Drain wiped out a $461,263 mortgage debt on the property. That’s right: the mortgage debt disappeared, via a court order."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.