Mortgage Servicer's Flubs Led To $40M Loss, NJ Jury Hears

By George Woolston · July 11, 2023, 5:11 PM EDT

A Garden State mortgage lender is out $40 million after the company it contracted with to manage the day-to-day operations of its loans missed important deadlines, covered up errors and left...

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Case Information

Case Title

FREEDOM MORTGAGE CORPORATION v. LOANCARE, LLC

Case Number

1:16-cv-02569

Court

New Jersey

Nature of Suit

Contract: Other

Date Filed

May 06, 2016