Sec. 36a-717. (Formerly Sec. 36-442o). Penalties.
Sec. 36a-717. (Formerly Sec. 36-442o). Penalties. Any mortgage servicing company which violates any provision of section 36a-716 shall be liable to the mortgagor
for: (1) Any penalties, interest or other charges levied by the taxing authority or insurance
company as a result of such violation; (2) any actual damages suffered by the mortgagor
as a result of such violation, including, but not limited to, any amount which would have
been paid by an insurer for a casualty or liability claim had the insurance policy not
been cancelled for nonpayment by the mortgage servicing company; and (3) in the case
of any successful action to enforce the foregoing liability, the costs of the action together
with reasonable attorney's fees as determined by the court.
(P.A. 89-347, S. 5.)
History: Sec. 36-442o transferred to Sec. 36a-717 in 1995.