Mark Oscar Gibson Senior

Mark Oscar Gibson Senior

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Mark Oscar Gibson Senior is a mortgage borrower who recently made headlines after successfully reducing the damages owed to the Bank of The Bahamas by over $101,000, with the Supreme Court ruling that the bank's penalty on interest was impermissible.

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Mark Oscar Gibson Senior argued that there was no clause in the mortgage agreement that permitted the lender to levy a penalty on unpaid interest and principal.

Mortgage delinquent cuts BOB damages by $100k
The Tribune – major Bahamian daily, est. 1903·BahamasBahamas· 2025-05-06
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