A Judge with balls for sure. Maybe this be the beginning of a trend. May this set a precedent which will grant such dismissal to ALL struggling homeowners. Then once we clean up that mess we can focus on the millions of us who must rent simply due to greed and misguided values.
"Suffolk Judge Jeffrey Spinner erased $525,000 in mortgage payments that OneWest Bank was demanding from the couple. That includes $291,000 in principal and $235,000 in interest and penalties. The decision leaves the couple completely debt-free on their home. The Horoskis were only paying interest on their mortgage after falling behind due to health problems and a change in their interest rate, WABC said...Spinner slammed the bank's "harsh, repugnant, shocking and repulsive" acts and said the bank "must be appropriately sanctioned so as to deter it from imposing further mortifying abuse against [the couple],"..."