Countrywide Home Loans, once the nation’s largest mortgage lender, must pay $85,000 in legal fees as a sanction for willfully violating the automatic stay in a bankruptcy case.
Bankruptcy Judge Michael Kaplan in Trenton imposed the sanction on Wednesday for Countrywide’s attempt to impose higher escrow charges on homeowners after they filed for Chapter 13, In re Rodriguez, No. 07-24687.
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