In re Hosking
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION SANCTIONING RUSHMORE LOAN MANAGEMENT SERVICES FOR FAILURE TO ACT IN GOOD FAITH IN ACCORDANCE WITH THIS COURT’S LOSS MITIGATION PROGRAM PROCEDURES
CECELIA G. MORRIS, CHIEF UNITED STATES BANKRUPTCY JUDGE
Before the Court is the issue of whether Rushmore participated in loss mitigation in good faith. The Court finds that Rushmore failed to participate in good faith by failing to inform Debtor of the down payment requirement and for failing to designate a contact with full settlement authority, as stated herein.
Jurisdiction
This Court has subject matter jurisdiction pursuant to…
2Cases cited3 opinions
- Badgley v. SantacroceCourt of Appeals for the Second Circuit · 1986
- In Re A.T. Reynolds & Sons, Inc.District Court, S.D. New York · 2011
- In re BambiUnited States Bankruptcy Court, S.D. New York · 2013
3Cited by1 opinion
- In re DavisUnited States Bankruptcy Court, D. South Carolina · 2016