Stamford, CT
Litigation Lawyer at Stamford, CT
Practice Areas: Litigation, Financial Markets and Services, Banking
OUTCOME: Claim for reformation of mortgage against mortgage holder struck.
Borrowers' claim for reformation of mortgage based on fraud by mortgage broker failed as a matter of law. A mortgage broker is not presumed to be an agent of the originating lender.
OUTCOME: Mortgage not discharged; no fees awarded to borrower.
Borrower alleged that mortgage should have been discharged due to servicer's alleged "indiscretions." Borrower also claimed entitlement to legal fees under New York law.
OUTCOME: Summary judgment entered in favor of first mortgage holder.
Condominium Association's "superpriority" lien under Connecticut law is limited to one six month period during the pendency of an action by the first mortgage holder to foreclose its mortgage.
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