Keyword: suing lender

Seriously? Judge’s Ruling Based On “I’m Gonna Teach You a Lesson” Precedent?

Seriously? Judge’s Ruling Based On “I’m Gonna Teach You a Lesson” Precedent?

Recently I read where a judge in Suffolk County, NY judge erased a Long Island couple’s >$500k in mortgage debt admittedly to teach the originator (and/or)servicer, OneWest, a lesson. As is too common lately, sadly, the couple had fallen behind on their mortgage due to health issues and a change in their interest rate. OneWest refused to refinance.  So, after slamming OneWest ...

Brandie Young | 2009/12/17  | 28 Comments Ethics

Seriously? Judge’s Ruling Based On “I’m Gonna Teach You a Lesson” Precedent?

Seriously? Judge’s Ruling Based On “I’m Gonna Teach You a Lesson” Precedent?

Recently I read where a judge in Suffolk County, NY judge erased a Long Island couple’s >$500k in mortgage debt admittedly to teach the originator (and/or)servicer, OneWest, a lesson. As is too common lately, sadly, the couple had fallen behind on their mortgage due to health issues and a change in their interest rate. OneWest refused to refinance.  So, after slamming OneWest ...

Brandie Young | 2009/12/17  | 28 Comments Ethics