Judge Nullifies Mortgage, Gives House to Couple Who Have no Equity

[capeman]

If the courts keep nullifying contract law like this we may no longer have a mortgage system since no one with half a brain would lend in that environment. That scenario would take an insane chunk out of housing prices! Cash only?

[scaredyclassic]

bank expects to win on appeal. still, ust have been a very fun day in court for that dude. maybe trial lawyers ought to be asking for juries and hoping for nullification.

[scaredyclassic]

bank expects to win on appeal. still, ust have been a very fun day in court for that dude. maybe trial lawyers ought to be asking for juries and hoping for nullification.

[scaredyclassic]

bank expects to win on appeal. still, ust have been a very fun day in court for that dude. maybe trial lawyers ought to be asking for juries and hoping for nullification.

[scaredyclassic]

bank expects to win on appeal. still, ust have been a very fun day in court for that dude. maybe trial lawyers ought to be asking for juries and hoping for nullification.

[scaredyclassic]

bank expects to win on appeal. still, ust have been a very fun day in court for that dude. maybe trial lawyers ought to be asking for juries and hoping for nullification.

[patb]

What this was is Judicial sanction.

The Judge was pissed that everytime he asked for something
from the court, he got the run around.

now maybe he exceeded the basis of sanction, but
i he could easily have ordered “Dismissal of all interest and
penalties, stay of foreclosure, and give the couple 90 days
to seek new financing.”

vacating the principal strikes me as extreme.

Perhaps he could apply all payments made since 2004,
and depending, that may have been enough there.

the NY Post as usual is long on Drama, short on facts.
Typical Fox News.

[patb]

What this was is Judicial sanction.

The Judge was pissed that everytime he asked for something
from the court, he got the run around.

now maybe he exceeded the basis of sanction, but
i he could easily have ordered “Dismissal of all interest and
penalties, stay of foreclosure, and give the couple 90 days
to seek new financing.”

vacating the principal strikes me as extreme.

Perhaps he could apply all payments made since 2004,
and depending, that may have been enough there.

the NY Post as usual is long on Drama, short on facts.
Typical Fox News.

[patb]

What this was is Judicial sanction.

The Judge was pissed that everytime he asked for something
from the court, he got the run around.

now maybe he exceeded the basis of sanction, but
i he could easily have ordered “Dismissal of all interest and
penalties, stay of foreclosure, and give the couple 90 days
to seek new financing.”

vacating the principal strikes me as extreme.

Perhaps he could apply all payments made since 2004,
and depending, that may have been enough there.

the NY Post as usual is long on Drama, short on facts.
Typical Fox News.

[patb]

What this was is Judicial sanction.

The Judge was pissed that everytime he asked for something
from the court, he got the run around.

now maybe he exceeded the basis of sanction, but
i he could easily have ordered “Dismissal of all interest and
penalties, stay of foreclosure, and give the couple 90 days
to seek new financing.”

vacating the principal strikes me as extreme.

Perhaps he could apply all payments made since 2004,
and depending, that may have been enough there.

the NY Post as usual is long on Drama, short on facts.
Typical Fox News.

[patb]

What this was is Judicial sanction.

The Judge was pissed that everytime he asked for something
from the court, he got the run around.

now maybe he exceeded the basis of sanction, but
i he could easily have ordered “Dismissal of all interest and
penalties, stay of foreclosure, and give the couple 90 days
to seek new financing.”

vacating the principal strikes me as extreme.

Perhaps he could apply all payments made since 2004,
and depending, that may have been enough there.

the NY Post as usual is long on Drama, short on facts.
Typical Fox News.

[Author]

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