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Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.

Mortgage Advertising Lawsuits
First-Quarter 2011 Mortgage Litigation Index

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Lawsuits about mortgage advertising, bait and switch ads, deceptive ads and do-not-call violations.

Case Title
Case Number
Date Filed Link to Story
CM Capital Services LLC, formerly known as Consolidated Mortgage Company LLC Nevada's Division of Mortgage Lending n/a $215,000 Settlement reached prior to filing a formal complaint over a variety of loan violations dating back to at least 2009. The company has agreed to refrain from misleading and inaccurate advertisements that may contain any untrue statement of material fact, to promptly respond to investor telephone calls or written communications, and to offer to resign as manager of every limited liability company that owns properties taken back from debtors through foreclosure or a deed in lieu of foreclosure. n/a n/a n/a
Phillip A. Flora Federal Trade Commission United States District Court for the Central District of California n/a FTC charges that Flora violated the FTC Act by sending unsolicited commercial text messages to consumers, and by misrepresenting that he was affiliated with a government agency. FTC v. Flora SACV11-00299-AG-(JEMx) 2/23/2011
Principal Reduction Group, LLC, Brian Cutright, and Jane Doe Cutright State of Arizona ex rel. Terry Goddard, Attorney General Superior Court of Arizona, Maricopa County $5500 per each deceived consumer settlement The Arizona AG sued the defendants for falsely claiming that they had a 92% success rate in reducing consumers' principal. Arizona ex rel. Terry Goddard v. Principal Reduction Group, LLC et al. CV2010-033072 12/6/2010
Pulte Home Corporation State of Nevada Clark County District Court - Las Vegas $475,000 Homebuilding giant, Pulte Home Corp., has agreed to pay $475,000 and improve its lending practices to settle an investigation of deceptive trade practices by the Nevada Attorney General. n/a n/a n/a
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