Legal Opinion

In re Hosking

United States Bankruptcy Court, S.D. New York

Decided April 20, 2015No. Case No. 14-35174 (CGM)PublishedCited by 1 opinion

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

  1. Badgley v. SantacroceCourt of Appeals for the Second Circuit · 1986
  2. In Re A.T. Reynolds & Sons, Inc.District Court, S.D. New York · 2011
  3. In re BambiUnited States Bankruptcy Court, S.D. New York · 2013

3Cited by1 opinion

  1. In re DavisUnited States Bankruptcy Court, D. South Carolina · 2016

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