November 10th, 2010 
Travis Brown Throw in the robo-signatures debacle and you create an environment that invites a little extraordinary situations… like people getting their homes for free because of clerical error (a broad term, I agree). A judge on Long Island erased a $292,500 debt and awarded a home to a family after he “concluded that a mortgage company’s paperwork in a foreclosure case was so flawed and its behavior in negotiations with the borrower so ‘repugnant’.”
I believe that you should do what’s right and giving someone a home for free because a company acted badly is a little too far. That said, if a company is willing to act in that manner, maybe an example should be made. One of the downsides of the internet is a reduction in personal relationships. People used to know their mortgage lender, their insurance agent, and the folks they banked with. Now it’s all about business only, transactions, and getting the cheapest possible… so this is a natural result.
What do you think?
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