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Borrower sanctioned for frivolous arbitration argument (access required)

Where a mortgage borrower’s argument that loan servicing companies tacitly consented to arbitration by their silence was frivolous, and he refused to withdraw a motion to confirm an “arbitration” award after receiving a Rule 11 safe harbor letter, he was sanctioned $9,000. Background This dispute arises out of a mortgage obtained by petitioner. At some point, petitioner apparently ...