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Winstead Botched $62M Loan Workout, Texas Suit Says

By Alex Wolf Law360, New York (February 17, 2015, 8:42 PM ET) — Winstead PC was hit Friday with a malpractice suit in Texas state court by a Dallas-based bank and private investment group alleging the firm made “countless mistakes and misrepresentations” when handling the structuring of a $62 million loan workout and foreclosure. NexBank
IMPORTANT: The text in this website and product(s) sold on this website do not substitute for legal advice. Nor does the text substitute for real estate, financial, tax, bankruptcy or other professional advice. Loan Modification Key® and its owner(s) cannot and do not guarantee results from any lender or servicer. Loan Modification Key® and its owner(s) do not represent any loan modification program or governmental program. Loan Modification Key® and its owner(s) do not represent any government agency. The text herein represents information, opinion and expertise gathered in the last several years' experience in the mortgage industry. Loan Modification Key® is a non-profit 501 (c)(3) tax-exempt organization.
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