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Real Estate & Property Law

: The Home Equity Theft Reporter

Loan Servicer Causes Home To Be Sold In Foreclosure Sale Despite Fully Paid Off Loan & Recorded Satisfaction Of Mortgage

By r morris

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The Indiana Court of Appeals recently reversed a lower court ruling, and remanded the matter back to it for trial in a case where loan servicer Ocwen Bank allegedly foreclosed on a home despite the fact that:the loan holder's (JPMorgan Chase) records show the loan was paid in full,the homeowner/couple had proof that the mortgage was paid off - namely a recorded satisfaction of mortgage - received

Full post as published by The Home Equity Theft Reporter on February 05, 2010 (boomark / email).

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