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. In one case, a bank employee had mistakenly sent out letters notifying homeowners they were being evicted from their homes.
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.