Sudden Denial of Mortgage

Despite a commitment from a bank to provide financing for the purchase of a new home, that bank, suddenly and without warning, decided that they would not provide financing. As a result, the client lost all his deposit money and was not able to purchase his home.

This sudden breach of contract was actionable and suit was brought against this bank, which was located in Pennsylvania.

A recovery of all the client’s losses resulted such that the client was made whole.