· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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