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· 11/22/1996

McCormack v. Federal Home Loan Mortgage Corp. (In Re McCormack)

Citations

  • 203 B.R. 521
  • 1996 Bankr. LEXIS 1610
  • 30 Bankr. Ct. Dec. (CRR) 45
  • 1996 WL 735257

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • stating that creditors “have a clear obligation to adjust their programming and procedures and their instructions to employees to handle complex matters correctly”
  • rejecting the “computer did it” defense in the context of determining that a creditor violated the automatic stay in bankruptcy
  • noting the fees had been added to the negative escrow balance and were reflected in year-end statements and adjusted monthly mortgage payment amounts
  • noting the fees had been added to the negative escrow balance and were reflected in year-end statements and adjusted monthly mortgage payment amounts
  • upholding award of $9,000.00 in punitive damages

Source: CourtListener parenthetical corpus (CC0).

Judges: James E. Yacos

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.