JUDGE UPHOLDS $5 MILLION PUNITIVE AGAINST US BANK FOR FRAUD
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Joseph and Mary Romero of Chimayo, N.M., found that their mortgage note was assigned to the Bank of New York three months after the same bank filed a foreclosure complaint against them; in other words, Bank of New York didn’t own the loan when they tried to foreclose on it.
Glenn and Ann Holden of Akron, Ohio, faced foreclosure from Deutsche Bank, but the company filed two different versions of the note at court, each bearing a stamp affirming it as the “true and accurate copy.”
Mary McCulley of Bozeman, Mont., had her loan changed by U.S. Bank without her knowledge, from a $300,000 30-year loan to a $200,000 loan due in 18 months, and in documents submitted to the court, U.S. Bank included four separate loan applications with different terms.
[SALON]
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In re: the McCulley case… I have a similar case now involving US Bank, and the law firm that handled McCulley’s case won’t handle mine due to “conflict of interest”. Mine also involves Deutsch Bank of which they were keenly interested. However, after lengthy questioning over the phone and a 6-page timeline of my situation per their request, the firm delayed getting back to me even though I offered to pay $250 for an hour consult. They said that they cannot help me due to a “conflict of interest”. Wonder if US Bank has now hired this firm that defeated them. It happens…