• Ocwen2.09-0.09 -4.13%
  • Zillow25.06-0.03 -0.12%
  • Trulia47+0 +0%
  • NationStar11.00-0.53 -4.60%
  • CoreLogic35.66-0.28 -0.78%
  • RE/MAX36.57-0.41 -1.11%
  • Fannie Mae1.74+0.00 +0.00%
  • Freddie Mac1.61-0.03 -1.83%
  • Wells Fargo50.00-0.59 -1.17%
  • CitiMortgage45.57-1.11 -2.38%
  • Bank of America14.36-0.41 -2.78%
  • Fidelity National Financial32.75+0.25 +0.77%
  • First American36.66-0.04 -0.11%
  • AUDUSD=X0.7503+0.0019 +0.2512%
  • USDJPY=X106.9100-0.1650 -0.1541%
  • WP Stock Ticker
Home | Uncategorized

Feed Subscription Uncategorized

Two Recent Missouri State Court Decisions Rule for Borrowers in Wrongful Foreclosure Actions- Imposing Punitive Damages


In Holm v. Wells Fargo and Freddie Mac, Missouri Court of Appeals, Western District No. 78666, the Missouri Court of Appeals addressed a wrongful residential foreclosure lawsuit. The Court of Appeals affirmed the judgment against Wells Fargo (servicer) which included $2,959,123 in punitive damages and $200,000 in emotional stress damages. The appellate court reversed the judgment regarding $89,762.30 awarded to the borrower concerning a claim for a post-foreclosure loss in value to the residence; $6,150 awarded to borrower for post-foreclosure repairs made by the borrower; and the award which had quieted title to the residence to the borrower (this aspect of the Court of Appeals’ decision revived Freddie Mac’s deed of trust).

Read More »
Scroll To Top