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Real Estate & Property Law

: The Home Equity Theft Reporter

Homeowner Lawsuit: Loan Servicer Wrongfully Sought Foreclosure After Screwing Up Application Of Mortgage Payments To Escrow, 'Suspense' Accounts

By r morris

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In Jefferson County, Texas, The Southeast Texas Record reports:A Beaumont couple has filed suit against the mortgage holder they claim destroyed their credit ratings and forced them to face foreclosure. Vertis Malvo Jr. and Fran Malvo claim they obtained a home equity mortgage in 2006, a debt that was later purchased by defendant Deutsche Bank National Trust Co. in early 2009.In turn, Deutsche

Full post as published by The Home Equity Theft Reporter on March 26, 2011 (boomark / email).

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