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Real Estate & Property Law

: The Home Equity Theft Reporter

Bankruptcy Court Slams Loan Servicer With $66K Punitive Damage Award To Homeowner For Flagrant Violations Of Discharge Injunction, Related Court Order

By r morris

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A recent ruling from a U.S. Bankruptcy Court in Raleigh, North Carolina belted Ocwen Loan Servicing LLC with punitive damages in favor of a homeowner/couple in the amount of $66,300 for a "knowing, willful, and flagrant violation of both the discharge injunction" and a related court order.In a nutshell, Ocwen incorrectly reported information about the homeowners to credit bureaus showing their

Full post as published by The Home Equity Theft Reporter on July 11, 2010 (boomark / email).

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