Big Bank Buys Worthless Note, Sues Borrower; Borrower Wins and Gets Attorney Fees

Posted on: April 21, 2012

On April 10, 2012, in the case of Bank of America, vs. Michael Mitchell, 2012 WL 1177866, the Court of Appeal, Second District, upheld the lower court’s decision finding that Bank of America was barred from suing Mr. Mitchell and also upheld the the court’s award of attorney fees to Mr. Mitchell in the amount of $8,400.

In 2006, Michael Mitchell borrowed $315,000 from GreenPoint Mortgage to buy a home. The purchase money financing consisted of (more…)

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