Outrageous jury award reveals contempt for mortgage lenders

Outrageous jury award reveals contempt for mortgage lenders

Linza hired a lawyer, sued, and after 3-years of legal combat the jury awarded $16 million to Linza because of egregious lender behavior including credit rating damage. If a lender/servicer has jilted YOU in a loan mod, you might see something familiar in this scenario. If so, you should do what Linza did: SUE.

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A Jefferson County jury has awarded a Louisville couple a $21.5 million verdict for being victimized in what their lawyer called "a Ponzi scheme" run by another couple who have been indicted in three mortgage fraud cases and have been linked to massage parlor prostitution.

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Nevertheless, the jury also found Chase interfered with "Bergman’s right to receive benefits of the contract," i.e. the promise of a loan modification. In other words, the jury did not find Chase was required to give Bergman a loan modification if he made the three trial plan payments; Chase did not breach the contract for that reason.

Federal Contempt of Court. By Joel M. Androphy and Keith A. Byers The authority of a federal court to hold either an individual (whether a party, witness, spectator, or attorney) or a corporate entity in contempt of court is an effective tool designed to allow the judiciary to maintain order in the courtroom and guarantee the orderly administration of justice.

And I quote, "A jury last month awarded .2 million in damages to a California homeowner who waged a three-year battle to block a foreclosure by the private-label mortgage servicer PHH Corp.

CRIMINAL CONTEMPT AND TRIAL BY JURY INTRODUCTION The judicial power to punish for contempt has been well recognized as the principle method of vindicating the authority of the courts and assuring performance of their judgments and decrees. Extending from early days in the history of England,’ the doctrine was immersed in

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