Homeowners in Connecticut now have a new tool in fighting against Foreclosure Fraud. A Connecticut Superior Court Judge decided the foreclosing entity can be made to answer for the “sins” of the originating lender.
U.S. Bank National Association as Trustee v. Toni Ascenzia et al.
Superior Court at New Haven No. CV-08-5022527 Memorandum Filed July 30, 2009.
“In view of recent examples of irresolute behavior in the mortgage market, the court finds that there are significant public policy considerations that militate against allowing assignees of mortgages to foreclose without having to answer for the alleged sins of their assignors.”