Mortgage lender Housing Finance Group (HF) has been ordered to pay a borrower Sh45 million as compensation for selling her home after levying irregular charges and penalties on a loan she took in 1998.
Justice Eric Ogola has ruled that HF was wrong to sell Scholastica Nyaguthii Muturi’s two parcels of land after the stockbroker had repaid more than double the Sh3 million she had borrowed from the mortgage lender in 1998.
