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Home / Opinion Digests / Lender Gets Constructive Trust on Wife’s Interest (access required)

Lender Gets Constructive Trust on Wife’s Interest (access required)

Although a lender that refinanced a mortgage on property owned by husband and wife as tenants by entirety neglected to get wife’s signature on the refinance loan, the Hanover County Circuit Court imposes a constructive trust on wife’s interest in the property, now that her husband has died and the property is subject to foreclosure; ...