Nevada High Court OKs Damage Award To Homeowner Due To Mortgage Company Misidentification Of Home In Foreclosure

In Las Vegas, Nevada, the Las Vegas Review Journal reports:

• Gerald and Katrina Thitchener lost nearly all their material possessions thanks to an arrogant error by Countrywide Home Loans officials. They weren't just stripped of their furniture and clothing when a mistake by Countrywide in 2002 set in motion a foreclosure procedure that resulted in their condominium being "trashed out."

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• The Thitcheners lost a lot back in 2002, including some of their faith in the system; but on Thursday the Nevada Supreme Court determined that their losses, and the actions of the mortgage giant, deserved compensation in the approximate amount of $2 million.(1)

For more, see Sometimes little people come out on top against arrogant big shots.

For the Nevada high court decision, see Countrywide Home Loans v. Thitchener.

Go here for other posts on foreclosure screw ups involving improperly changed locks, removal of belongings, etc.

(1) A somewhat conflicting report in the Las Vegas Sun says the total compensation was only $1.29 million, which includes $968,070 in punitive damages. For more, see Court reduces $3 million judgment in wrongful foreclosure case. ForeclosureLockOuts