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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.
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Litigation surrounding companies that file for bankruptcy protection or bankruptcy liquidation.
|
Defendant |
Plaintiff |
Court |
Amount |
Overview |
Case Title |
Case Number |
Date Filed |
Date of Activity |
Link to Story |
| Moss Adams |
Meridian Mortgage |
King County Superior Court |
$150,000,000 |
Defendant is accused of issuing fraudulent audit reports, which allowed a ponzi scheme to continue |
na |
na |
12/5/2011 |
12/5/2011 |
www.mortgagedaily.com/MctLawsuitMeridian120811.asp |
| Kerry Killinger, his wife Linda Killinger, Stephen Rotella, Rotella's wife Esther Rotella, David Schneider |
Federal Deposit Insurance Corp. on behalf of Washington Mutual Bank |
U.S. District Court for the District of Washington |
$64,721,195 |
Settlement announced with former WaMu officials. Plaintiff argued that defendants caused WaMu to fail because they only focused on loans that could quickly turn a profit, without considering borrowers' qualifications. |
The Federal Deposit Insurance Corporation, as Receiver of Washington Mutual Bank v. Killinger et al. |
2:11-cv-00459-MJP |
3/16/2011 |
12/15/2011 |
www.mortgagedaily.com/LitigationInvestor122611.asp, www.mortgagedaily.com/MctSettlementWamu121411.asp |
| State of Nevada |
Integrated Financial Associates Inc. |
U.S. Bankruptcy Court for Nevada |
$46,000,000 |
Defendant asked for an injunction prohibiting the state from failing to renew IFA’s mortgage broker license. |
na |
na |
3/14/2011 |
11/22/2011 |
www.mortgagedaily.com/MctLawsuitIntegrated112311.asp |
| na |
The PMI Group Inc. |
U.S. Bankruptcy Court for the District of Delaware |
$737,000,000 |
Voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code filed. |
na |
na |
11/23/2011 |
na |
www.mortgagedaily.com/BankruptcyPmi112311.asp |
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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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