WEST VIRGINIA RECORD

June 13
Mary P. Owens v. Central Mortgage Company
PA-Aaron Amore; J-Thomas Steptoe
* Owens had entered into a mortgage loan with Central Mortgage. She believe she negotiated an adjustable rate mortgage that was fixed for three years; however, it wasn't at a fixed rate. From October 2007 to February 2008, she requested payoff statements. Each time she noticed that although she was making monthly payments her principal amount rose nearly $3,000 in four months. She claims that Central represented a pre-payment pentalties in excess by law and misapplied her monthly payments. She is seeking statutory damages of $4,293.98 for each violation (a total of four), actual damages of $10,000 for each incident, cancellation of debt, attorney fees, injunctions to prevent foreclosure on her property, to stop any collection activities and to report negatively to her credit report.
Case number: 08-C-243