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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.

Corporate Bankruptcy Litigation
Third-Quarter 2011 Mortgage Litigation Index

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Litigation surrounding companies that file for bankruptcy protection or bankruptcy liquidation.

Case Title
Case Number
Date Filed Link to Story
Countrywide Home Loans, Inc.; Bank of America Corp.  Joel L. Sher; Trustee U.S. Bankruptcy Court for the District of Maryland n/a Bank trustee for Thornburg Mortgage sues BoA for breach of mortgage loan purchase agreements; demanding Countrywide repurchase loans violating reps and warranties of purchase agreement. BoA filed a motion to dismiss. In re TMST., Inc. 09-17787 4/29/2011
Deloitte & Touche LLP Taylor Bean & Whitaker; Ocala Funding Circuit Court of the 11th Judicial Circuit, Miami-Dade County $7,600,000 Accounting firm sued in conjunction with bankruptcy of mortgage lender Taylor Bean & Whitaker, alleging that negligent audits contributed to failure of company.  Luria v. Deloitte & Touche LLP n/a n/a
Financial Resources Mortgage Inc. Bankruptcy Trustee Sevent Notinger Al and Susan McIlvene U.S. Bankruptcy Court $155,000 Settlement of bankruptcy claim. na na na
William Miller, Gregory Ehlinger, Thomas Washburn Elliott Levin, Bankruptcy Trustee of Irwin Financial Corp. U.S. District Court for the Southern District of Indiana $198,000,000 Suit against former officers of failed bank alleging breach of fiduciary duties in connection with marketing subprime mortgages Irwin, trustee, v. Miller et al.  n/a n/a
Kerry Killinger; Stephen Rotella; David Schneider; Linda Killinger; Esther Rotella FDIC U.S. District Court for the Western District of Washington $64,721,195 Settlement discussions between former Washington Mutual executives and the FDIC broke down and the defendants filed a motion to dismiss FDIC's case. FDIC v. Killinger, et al. 2:2011-cv-00459 3/16/2011,,,
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.

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Repurchase News
Coverage of repurchase demands, expense and and litigation.

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