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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
Second-Quarter 2012 Mortgage Litigation Index

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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
SAXON MORTGAGE SERVICES, INC.; SAXON MORTGAGE, INC.; FIELDSTONE MORTGAGE COMPANY; REGIONAL TRUSTEE SERVICES; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Pacific Northwest Trust Insurance Company, Appellees TED W. THOMAS, Appellant U.S. Bankruptcy Appellate Panel of the Ninth Circuit; U.S. Bankruptcy Court for the Western District of Washington $561,000 Affirmed lower court's dismissal. TED W. THOMAS, Appellant, v. SAXON MORTGAGE SERVICES, INC.; SAXON MORTGAGE, INC.; FIELDSTONE MORTGAGE COMPANY; REGIONAL TRUSTEE SERVICES; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Appellees 11-1151, Adv. No. 10-01186, Bk. No. 10-10096 na 4/30/2012 www.mortgagedaily.com/BankruptcyCorporateLawsuits2q2012.asp
MARY McGURK DEUTSCHE BANK NATIONAL TRUST COMPANY et al.,  Court of Appeals of California, Second District, Division Three na Judgment of quiet title against New Century Mortgage Corp. by U.S. bankruptcy court found unenforceable against plaintiff by appeals court. DEUTSCHE BANK NATIONAL TRUST COMPANY et al., Plaintiff and Appellant, v. MARY McGURK, Defendant and Respondent B231591 na 5/22/2012 www.mortgagedaily.com/LitigationForeclosures061812.asp
na Residential Capital LLC, 27 other Ally Financial Inc. entities including ditech.com, GMAC Mortgage LLC, Homecomings Financial LLC U.S. Bankruptcy Court for the Southern District of New York na Filed for bankruptcy. Approval to stop funding HELOCs granted on May 15. In. re. Residential Capital LLC 12-12020 5/14/2012 5/14/2012 www.mortgagedaily.com/ResCapBankruptcy051412.asp
na Franklin Credit Holding Corp. U.S. Bankruptcy Court for the District of New Jersey na Voluntary petition for bankruptcy relief under Chapter 11 of the U.S. Bankruptcy Code filed. In re: Franklin Credit Holding Corporation 12-24411(DHS) 6/4/2012 6/4/2012 www.mortgagedaily.com/Closings060912.asp
Thornburg Mortgage former executives Thornburg Mortgage investors U.S. District Court for the District of New Mexico $2,000,000 Court filing indicates settlement in works. In re Thornburg Mortgage Inc. Securities Litigation. 1:07-cv-00815 8/21/2007 June www.mortgagedaily.com/MctLawsuitThornburg053112.asp
BEAR, STEARNS & CO. INC., THE BEAR STEARNS COMPANIES, INC., BEAR STEARNS ASSET BACKED SECURITIES I LLC, EMC MORTGAGE LLC (f/k/a EMC MORTGAGE CORPORATION), STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., J.P. MORGAN ACCEPTANCE CORPORATION I, J.P. MORGAN MORTGAGE ACQUISITION CORPORATION, J.P. MORGAN SECURITIES LLC (f/k/a JPMORGAN SECURITIES INC.) WAMU ASSET ACCEPTANCE CORP., WAMU CAPITAL CORP., WAMU MORTGAGE SECURITIES, LONG BEACH SECURITIES CORP., JPMORGAN CHASE & CO., JPMORGAN CHASE BANK, N.A. DEXIA SA/NV; DEXIA HOLDINGS, INC.; FSA ASSET MANAGEMENT LLC; DEXIA CREDIT LOCAL SA U.S. District Court for the Southern District of New York, New York State Supreme Court $203,100,000 Case removed to federal court. DEXIA SA/NV; DEXIA HOLDINGS, INC.; FSA ASSET MANAGEMENT LLC; DEXIA CREDIT LOCAL SA, Plaintiffs, V. BEAR, STEARNS & CO. INC., THE BEAR STEARNS COMPANIES, INC., BEAR STEARNS ASSET BACKED SECURITIES I LLC, EMC MORTGAGE LLC (f/k/a EMC MORTGAGE CORPORATION), STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., J.P. MORGAN ACCEPTANCE CORPORATION I, J.P. MORGAN MORTGAGE ACQUISITION CORPORATION, J.P. MORGAN SECURITIES LLC (f/k/a JPMORGAN SECURITIES INC.) WAMU ASSET ACCEPTANCE CORP., WAMU CAPITAL CORP., WAMU MORTGAGE SECURITIES, LONG BEACH SECURITIES CORP., JPMORGAN CHASE & CO., and JPMORGAN CHASE BANK, N.A., Defendants 12-cv-4761 (JSR)(JLC), 650180-2012 1/19/12 6/18/2012 www.mortgagedaily.com/MctLawsuitWamu021513.asp


1st quarter 2012 corporate bankruptcy litigation

4th quarter 2011 corporate bankruptcy litigation


3rd quarter 2011 corporate bankruptcy litigation

2nd quarter 2011 corporate bankruptcy litigation

1st quarter 2011 corporate bankruptcy litigation

4th quarter 2010 corporate bankruptcy litigation

3rd quarter 2010 corporate bankruptcy litigation

2nd quarter 2010 corporate bankruptcy litigation

1st quarter 2010 corporate bankruptcy litigation

4th-quarter 2009 corporate bankruptcy litigation

3rd-quarter 2009 corporate bankruptcy litigation

2nd-quarter 2009 corporate bankruptcy litigation

1st-quarter 2009 corporate bankruptcy litigation

4th-quarter 2008 corporate bankruptcy litigation

3rd-quarter 2008 corporate bankruptcy litigation

2nd-quarter 2008 corporate bankruptcy litigation


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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