$34,500,000 Verdict Involving Predatory Lending
General Consumer Fraud | Landmark Verdict
Published August 22, 2007 8:30 AM
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March, 1994 - This case involved a lenders fraudulent action dealing with a home mortgage. In this case, the lender forged Plaintiff's name to mortgage documents. Even though the company was made aware that the mortgage was forged, the company still attempted to foreclose on the plaintiff's home. The jury found this was fraudulent activity and awarded a substantial verdict to try to stop this type conduct in the future.