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Borrower Nightmares: Disabled home owner alleges broker, bank offered her mortgage she could not pay for

Margaret Mosunic in the front of her Queens house. Ben Hallman

Introduction

Margaret Mosunic is 63 and a devout Christian, but if she ever encounters her building specialist once more, she has a particular, violent course of action.

“I would like to choke their small neck that is irish” she stated in a current meeting inside her house in excess of 40 years in Queens, ny.

Are you aware that large financial company whom suggested the specialist? “He is a devil into the disguise of a person, ” she said.

On Jan. 9, 2008, Thomas Delaney, an agent in the home Consultants, Inc., drove Mosunic to a legislation workplace to shut just what she thought had been a $40,000 mortgage, based on a lawsuit filed by Mosunic in Queens County court. She planned to utilize the cash to pay for straight back fees and work out repairs up to a downstairs apartment that is rental she stated.

But which wasn’t the mortgage that the broker had expected the lending company, Emigrant Mortgage Co. Of brand new York to accept, Mosunic’s lawsuit alleges.

Methodology for property property foreclosure cases

To gain understanding of other Emigrant Bank property foreclosure cases, iWatch Information took an easy random test of 54 of this 401 active situations placed in nyc in mid-August. 继续阅读