Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us

Posted: Friday, 09 May 2008 11:13AM (edited for clarity by

Rockwall Couple Takes On Mortgage Company And Wins
A mortgage company's (EMC Mortgage) strong-arm tactics were not strong enough for a Rockwall couple who are still in their house and $130,000 dollars richer.

Like many homeowners Mark and Patricia Jones of Rockwall fell behind on their mortgage after Mark was laid off for several months. 

They made arrangements with their mortgage company to catch up and did.  But the mortgage was transferred to EMC Mortgage, a company that botched the paperwork and put the Jones in foreclosure.  At one point court papers say EMC sent a very large intimidating man who forced his way in and began yelling and screaming for the Jones's to leave. 

They sued, won and Attorney Jack Peacock Junior says an appeals court has upheld their judgment of nearly $130,000 dollars. 

An attorney for the EMC Mortgage Corporation declined comment.

Quote 0 0
O -

That's GREAT!

Quote 0 0

did the appeals court approve of the 130,000  dollar award  ?  or did they award EMC  a stay of execution  ?

Quote 0 0
Quote 0 0
Write a reply...