Judge Jennifer Bailey canceled Orlando Eslava's mortgage debt after lender HSBC Bank USA ignored her previous order to post a $414,000 bond. Bailey expressed disbelief that HSBC had opposed canceling a foreclosure sale when Eslava was in the middle of a loan modification trial. Calling the bank's opposition "idiotic," Bailey told the HSBC lawyer that "somehow in Foreclosure World everybody thinks ... you can ... walk in here and ask judges for things left and right without even knowing what's going on."
Blasting Bank's Lawyer, Judge Wipes Out Homeowner's $207,000 Mortgage
Daily Business Review
May 27, 2010