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Suffolk County Judge Jeffrey Spinner blasts bad bank, erases 525G debt

It is being reported that a Suffolk County Judge has sanctioned One West Bank and wiped out its mortgage on an East Patchogue property. Here is the NY Post’s story. The mortgage lender states that it will appeal the decision. I’d be very surprised if the Appellate Division allows this decision to stand.

Mortgage Delinquencies Hit Record High

Mortgage Delinquencies Hit Record High, MSNBC reports

Suffolk County Judge Jeffrey Spinner blasts bad bank, erases 525G debt

It is being reported that a Suffolk County Judge has sanctioned One West Bank and wiped out its mortgage on an East Patchogue property. Here is the NY Post’s story. The mortgage lender states that it will appeal the decision. I’d be very surprised if the Appellate Division allows this decision to stand.

Mortgage Delinquencies Hit Record High

Mortgage Delinquencies Hit Record High, MSNBC reports