Broker, Lenders Fight Court Battles - Mortgage Forums for Mortgage Brokers

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Broker, Lenders Fight Court Battles

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08-06-2007, 07:55 AM

Veronica Corningstone Veronica Corningstone is offline

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Broker, Lenders Fight Court Battles

Charter Oak Lending Group and CTX Mortgage are still wrangling in court over allegations the Texas-based lender cajoled 10 employees to leave Charter Oak within days of each other. Robert McBride sued Market Street Mortgage for breach of contract after the Clearwater, Fla.-based company wrote a letter informing him that his salary would be reduced by two-thirds then, in an apparent change of mind, writing to tell him it was a mistake. A Colorado mortgage broker won a lawsuit filed against her after she contacted prospective customers through faxes.

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