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If there is evidence that the mortgage lender engaged in fraudulent practices or coerced the borrower to agree to its terms when forming the contract. Any such actions are illegal and will most likely render the mortgage loan contract as null and void.
Ancient Mortgage - CGS 49-13a ? cites that a mortgage is invalid 20 years after a stated maturity date or 40 years after date of recording of mortgage if no due date is set forth in the mortgage. An affidavit must be recorded signed by owner of the property alleging these facts.
The Connecticut Abusive Home Loan Lending Practices Act and the nonprime lending statutes impose additional requirements, disclosures, and loan structures on high-cost and nonprime home loans, respectively.
Section 49-37 - Dissolution of mechanic's lien by substitution of bond. Joinder of actions on claim and bond.
49-9a. Validation of release of mortgage. Affidavit.
Section 49-8 - Release of satisfied or partially satisfied mortgage or ineffective attachment, lis pendens or lien. Damages.
Section 49-2a - Interest on funds held in escrow for payment of taxes and insurance, Conn. Gen. Stat. § 49-2a | Casetext Search + Citator.