December 21, 2006 - Law Office of Frank J. Martone, P.C. wins case in New Jersey Appellate Court.
Our
firm recently prevailed in Rolon v Litton Loan et. al., before the Appellate
Division, Superior Court of New Jersey. In the Chancery Court, we successfully
obtained Summary Judgment of dismissal against the borrower. The appellate court
affirmed in a per curiam opinion, agreeing with our argument that there were no
triable issues of fact precluding Summary Judgment in favor of our client, the
mortgage servicer.
The
mortgagor had argued that he was entitled to a full trial to determine the
mortgage payoff amount. We proved to the Court that our client’s accounting
entries were reasonable and accurate and that the mortgage company was entitled
to judgment as a matter of law.
The
borrower also argued that our client had breached a forebearance agreement.
However, we proved that the borrower had defaulted on the “work out”
agreement and that our client had appropriately not entered into a mortgage
modification.
Our
client stood to lose thousands of dollars if the borrower’s claims were
accepted. By obtaining Summary Judgment we prevented money damages, in addition
to the inconvenience and expense of a trial.
If
you are interested in discussing the opinion, or our approach to litigating
mortgage servicing matters, please telephone Frank J. Martone, Esq. or Janet
Silver Rosen, Esq. @ (973) 473 - 3000.