Telephone : 508-872-0000

Purchaser From Emigrant Mortgage  After Bad Foreclosure Notice Gets Damages

Purchaser From Emigrant Mortgage After Bad Foreclosure Notice Gets Damages

Superior Court Judge allows damages against a mortgage company after selling a foreclosure property of a botched foreclosure:

“After plaintiff Harold Wilion purchased certain residential property at 1643 Cambridge Street in Cambridge (“the property”) from defendant Emigrant Mortgage Company, Inc. (“Emigrant”) at a foreclosure sale, the Supreme Judicial Court found Emigrant’s foreclosure invalid because Emigrant had failed to comply with the notice of default provisions in the mortgage.”

See Pinti v. Emigrant Mortgage Co., Inc. (“Pinti”), 472 Mass. 226, 231-244 (2015)

Wilion is able to recover his costs and associated damages in connection with his purchase of the property, which Emigrant, it turned out, did not have the lawful right to convey.

Read the case HERE.