Mortgage Lender
If a mortgage lender can be liable if a landlord failing commits suicide?
I just had a friend commit suicide because he could not pay your mortgage. The lender has refinanced her home five years in a row with their payments of $ 600 per month more than 1400 per month. The house was biult in the 1940s and was only 800 square meters. The lender knew that the revenues are on disability and was fixed with no other assets. Yes, there were other issues such as disability and cancer but when he could no longer afford your home, just abandoned.
I'm sorry to hear about his friend's suicide. It is a very sad story. It appears that the lender was awful. I think it would be difficult to find a lawyer to take the case. My experience is that lawyers only want to take when they know they will win. Usually people to refinance their homes to reduce their monthly payments. I can only speculate that his friend took a loan adjustable rate mortgage. (Mr. Greenspan has been a big fan of variable rate mortgages at a time.) Good luck.
The Mortgage Lenders & Banks runaround tactics
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Photographic Print of LORD SELLS MORTGAGE from Mary Evans £24.46 20×16 Photograph (51×40cm). An impecunious Lord sells his mortgage to a money lender Date 1773… |
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Jigsaw of LORD SELLS MORTGAGE from Mary Evans £17.36 Photo Jigsaw 17×12 (43×30cm). An impecunious Lord sells his mortgage to a money lender Date 1773… |
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The Monster: How a Gang of Predatory Lenders and Wall Street Bankes Fleeced America—And Spawned a Global Crisis £14.93 … |
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Confessions of a Subprime Lender: An Insider’s Tale of Greed, Fraud, and Ignorance £6.07 … |