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Mortgage Lender Hit with $54,000 Legal Fee in Doomed Foreclosure Case


In a stunning reversal of fortune, HSBC Bank was ordered to pay over $54,000 in legal fees incurred by homeowners who successfully fended off a foreclosure suit based on HSBC's inability to prove ownership of the underlying mortgage and note.   HSBC Bank vs. Nini, A-1941-11T1 (App. Div. , Unpublished, April 30, 2014). According to the Appellate ...

Posted by , May 1, 2014 • Foreclosure

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