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Loan Modification

: Loan Modification & Home Loan News

Lender Ordered by Judge to Pay Homeowners $100k for Loan Modification Shenanigans

By Moe Bedard

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A state judge accused Emigrant Mortgage Co. of premeditated attempts to destroy an East Northport couple’s chances of keeping their home, ordering the lender to pay the borrowers $100,000 in damages and scrapping as much as $119,330 in questionable late charges. Borrower Jane Corcione could scarcely believe what she heard when a reporter broke the news [...]

Full post as published by Loan Modification & Home Loan News on April 21, 2010 (boomark / email).

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