A Couples $525k Of Mortgage Payments Erased

Wow, that’s all I can say.  I guess we will see what happens when the bank appeals it but maybe this judge is trying to make a point.  I don’t know the whole situation of this couples mortgage but a lot of people were put into loans that they never should have been.  All parties involved need to take some blame but why doesn’t the mortgage industry hold banks and mortgage professionals accountable for what products they sell?  They need to.

Anyway, it was an interesting story so I figured I would post it. 

http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1oW8Y58z6gu1AQbWMI