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Real Estate & Property Law

: The Home Equity Theft Reporter

Court Rules Against Bank In Attempt To Make Closing Attorney Pay For Fraud Committed By Woman Borrowing $180K Secured By Home Belonging To Another

By r morris

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In Wellington, New Zealand, The National Business Review reports:Westpac Bank has failed to persuade the Supreme Court to reverse a decision in lower courts that a solicitor should be liable for a mortgage fraud which cost it $180,000. The Supreme Court today dismissed an appeal by Westpac and ordered it to pay solicitor Alan John Clark $15,000 costs, plus "reasonable disbursements."Associate

Full post as published by The Home Equity Theft Reporter on July 11, 2009 (boomark / email).

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