According to sources on Facebook, Mary McCulley has been released from the high security federal prison USP Hazelton. She is being transported by a close friend to an undisclosed halfway house in southern Indiana, not far from her hometown in Kentucky. McCulley appealed her sentence and now has been granted oral argument by the Ninth Circuit Court of Appeals, scheduled for April 6, 2015 at the William K. Nakamura Courthouse in Seattle.
More details as they become available.
For those who may be unfamiliar with Mary’s incredible story:
“If you follow the news of foreclosure fraud and bad banks, you have certainly heard that on February 7, 2014, a Gallatin County, Montana jury awarded Ms. Mary McCulley an incredible $6 million verdict against US Bank of Montana, with $5 million of that figure being awarded for punitive damages.
It’s the kind of victory that foreclosure fighters have long dreamed of, yet rarely (if ever) seen: a bank being found liable for actual fraud as well as constructive fraud. Indeed, the fact that banks have committed fraud related to foreclosures (among other things) is common knowledge to both the public and the government, but the banks usually get away with it because judges inexplicably let them off the hook in any number of lawsuits (usually performing extraordinary feats of legal gymnastics to do so), or there are undisclosed settlements with homeowners, or the regulators give them a slap on the wrist in the form of either fines (that are proportionally miniscule to the banks’ financial gain from their illegal behavior) or essentially toothless settlements (sometimes both).
So in that context, the jury’s verdict in Ms. McCulley’s case is remarkable to say the least and it provides hope that all is not lost, and that the tide is turning—or has turned—against the banks.”
For more information, please visit LRM’s Mary McCulley archive: