Appellate Court Slams the Door

The Appellate Court attempted to resolve an issue that divided Superior Courts around the state. The issue was whether an assignee of a mortgage note could be liable for the assignor's wrongful conduct. In opting for a bright line approach, the court has regrettably instructed lenders on how to avoid the consequences of wrongful conduct toward the mortgagor and even worse, burdened the wronged mortgagor with multiple lawsuits in order to obtain justice. Fortunately, the Connecticut Supreme Court has granted certiorari in the case.

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