twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.


Mortgage Compliance Lawsuits
Second Quarter 2009 Mortgage Litigation Report

main report page

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Chesapeake Mortgage Funding LLC, Empire Equity Group Inc., and Tamara Zambito Iris O. Chambers Pennsylvania Middle District Court n/a Borrower alleged predatory lending and violations of ECOA and Pennsylvania Unfair Trade Practices and Consumer Protection Law. Iris O. Chambers v. Chesapeake Mortgage Funding LLC, et al [Chesapeake Mortgage LLC, Empire Equity Group Inc., d/b/a 1st Metropolitan Mortgage, and Tamara Zambito] 1:2009cv00461 12-Mar-2009 www.mortgagedaily.com/1stMetropolitan051309.asp
Duetsche Bank Trust Americas, Homecomings Financial Network, 1st Metropolitan Mortgage Debra Fuentes California Southern District Court n/a Violations of TILA and California civil code because ARM had unlawful teaser rate. Defendants allegedly prevented borrower from obtaining a loan workout. Debra aka Debbie Fuentes v. Deutsche Bank Trust Americas, et al [Homecomings Financial Network, First Metropolitan Mortgage, All Those Claiming Interest in Real Property located as 4169 Florida Street, San Diego, California, and Does 1-20 inclusive] 3:2009cv00502 13-Mar-2009 www.mortgagedaily.com/1stMetropolitan051309.asp
Federal Housing Finance Agency National Association of Mortgage Brokers U.S. District Court for the District of Columbia n.a. Lawsuit dismissed because regulator can't be sued while GSEs in conservatorship. NATIONAL ASSOCIATION OF MORTGAGE BROKERS, INC., 7900 Westpark Drive, Suite T-309, McLean, VA 22102, Plaintiff, v. JAMES B. LOCKHART III, DIRECTOR OF THE FEDERAL HOUSING FINANCE AGENCY 1700 G Street, N.W., 4th Floor, Washington, D.C. 20552, Defendant n.a. February 2009 www.mortgagedaily.com/LawsuitNamb022409.asp
Golden Empire Mortgage Inc. and Howard D. Koostra Federal Trade Commission U.S. District Court for the Central District of California n/a Permanent injunction sought to prevent future ECOA, Regulation B, and FTC Act violations in case alleging Hispanic borrowers were charged significant overages that could not be accounted for by underwriting or credit risks. "Federal Trade Commission, Plaintiff, v. Golden Empire Mortgage Inc., a corporation, and Howard D. Kootstra, individually and as a corporate officer, Defendants. No. CV09-03227, FTC File No. 0623061 1-May-2009 www.mortgagedaily.com/DiscriminationGoldenEmpire051109.asp
Safe Harbour Foundation of Florida Inc., Silverstone Lending LLC, Silverstone Financial LLC, Keystone Financial LLC, Southeast Advertising Inc., MT25 LLC, Peter J. Porcelli II, Bonnie A. Harris, Christopher Tomasulo Federal Trade Commission n.a. $5,600,000 HOEPA, TILA and FTC Act violations are alleged over saddling 2nd mortgage borrowers with exotic loans. Federal Trade Commission, Plaintiff, v. Safe Harbour Foundation of Florida, Inc., a Florida corporation; Silverstone Lending, LLC, a Florida limited liability company; Silverstone Financial LLC, a Florida limited liability company; Keystone Financial, LLC, a Nevada limited liability company; Southeast Advertising, Inc., a Florida corporation; MT25 LLC, a Nevada limited liability company; Peter J. Porcelli, II, individually and as officer, partner, or member of Silverstone Lending, LLC, Silverstone Financial LLC, and Safe Harbour Foundation of Florida, Inc.; Bonnie A. Harris, individually, and as a manager of Safe Harbour Foundation of Florida, Inc.; and Christopher Tomasulo, individually and as a manager of Safe Harbour Foundation of Florida, Inc., Defendants Case No. 08 C 1185, FTC File No. 082 3028 27-Feb-2008 www.mortgagedaily.com/ForeclosureRescue051109.asp
Mortgage Compliance News | Mortgage Compliance Newsletter | Mortgage Regulations
News about complying with mortgage laws, rules and regulations.


Logout forgot
password?
Repurchase News
Coverage of repurchase demands, expense and and litigation.

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders