Deutsche Bank has been forced to pay $2m to a couple in Mont. whose paid-off home was foreclosed on and sold by the bank, due to a mix-up with another house in the area that was undergoing foreclosure proceedings. The couple's lawyer argued that it was not just due to a series of clerical errors, but also an "intentional disregard or indifference" that could be construed as malice towards the couple. The bank is expected to appeal the decision.
Deutsche Bank has been forced to pay $2m to a couple in Montana whose paid-off home was foreclosed on and sold by the bank, due to a mix-up with another house in the area that was undergoing foreclosure proceedings. The couple's lawyer argued that it was not just due to a series of clerical errors, but also an "intentional disregard or indifference" that could be construed as malice towards the couple. The bank is expected to appeal the decision.