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Home » Store » News » Spousal Fraud Not Cause to Nullify Mortgage Contract, CT Court Finds

Spousal Fraud Not Cause to Nullify Mortgage Contract, CT Court Finds

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A borrower cannot invalidate a mortgage on the ground that the borrower’s spouse committed fraud during the process of obtaining the mortgage, the Connecticut Appellate Court held in Chase Manhattan Mortgage Corp. v. Machado (A.C. 23562). Chase Manhattan Mortgage brought suit against Virginia Devlin-Machado and her husband after they defaulted on a note. Devlin-Machado argued that she never would have entered into the mortgage contract if her husband had not lied to her about the amount
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