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Real Estate & Property Law

: The Home Equity Theft Reporter

NY Appellate Court Tells Trial Judge: Cancelling Mortgage, Note Because Of Lender's "Repugnant, Shocking & Repulsive" Conduct Goes A Bit Too Far

By r morris

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The New York Law Journal reports:A judge who blasted a lender's "repugnant, shocking and repulsive" conduct in trying to foreclose on a Long Island home exceeded his authority when he canceled the mortgage on the property, a state appeals court has ruled. After IndyMac Bank obtained a foreclosure judgment against Diana J. Yano-Horoski, who took out a $292,500 mortgage in 2004, the East Patchogue

Full post as published by The Home Equity Theft Reporter on November 22, 2010 (boomark / email).

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