Damages For Wrongful Foreclosure
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Foreclosure is the procedure by which a party who has loaned money secured by a mortgage or deed of trust on real property (or has an unpaid judgment), forces the sale of the real property to recover the money due, unpaid interest, plus the costs of foreclosure, after the debtor fails to make payment.
In most cases, a wrongful foreclosure action alleges that the amount stated as due and owing in the notice of default is incorrect for one or more of the following reasons: an incorrect interest rate adjustment, incorrect tax escrow collected, misapplied payments, or a forbearance agreement which was not adhered to by the servicer, Wrongful foreclosure actions are also brought when the servicers accept partial payments after initiation of the wrongful foreclosure process, then continue with the foreclosure.
- View Instruction to Jury as to the Definition of Conversion
- View Instruction to Jury as to Evidence of Conversion
- View Instruction to Jury that Intent is not an Essential Element of Conversion
- View Instruction to Jury as to When Demand is not Necessary in Constituting Conversion
- View Instruction to Jury Regarding Effect of Conversion of Part of Chattel
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