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Defendant
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Plaintiff
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Court
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Amount
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Overview
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Case Title
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Case Number
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Date Filed | Date of Activity | Link to Story |
| Edwards | First American Financial Corp. | U.S. Supreme Court | na | Supreme Court dismissed appeal. | First American Financial Corp. v. Edwards | na | na | June | www.mortgagedaily.com/ComplianceLawsuits2q2012.asp |
| Federal Home Mortgage Corporation, Merscorp, Inc., Provident Funding Associates, L.P. and Wellsfargo Home Loans Servicing, LP | Yan Chang Huang | U.S. District Court for the District of Nevada | na | Complaint filed. | Huang v. Federal Home Mortgage Corporation et al | 2:2012cv01141 | 6/29/2012 | 6/29/2012 | www.mortgagedaily.com/ComplianceLawsuits3q2012.asp |
| Gallagher | Magner | U.S. Supreme Court, not argued | na | Parties agreed to the dismissal of the case. | Magner v. Gallagher | Docket No. 10-1032 | na | Q2 | www.mortgagedaily.com/LitigationCompliance061112.asp |
| Residential Funding LLC | Gilbert | Appellate Court for the Fourth Circuit | na | Ruling found rescission is timely where the consumer provided notice of rescission to the sub-servicer within 3 years of closing, but did not file suit until after 3-year deadline passed. | Gilbert v. Residential Funding LLC | Oct-95 | 5/3/2012 | 5/3/2012 | www.mortgagedaily.com/LitigationCompliance061112.asp |
| U.S. Bank | Rachel Berghaus | Court of Appeals of Kentucky | na | Court ruled in favor of lender. | na | na | na | June | www.mortgagedaily.com/LitigationCompliance061112.asp |
| GENERAL INFORMATION SERVICES, INC. | SHAMARA T. KING on behalf of herself and all others similarly situated | U.S. District Court for the Eastern District of Pennsylvania | na | Federal Trade Commission joined in filing a memorandum brief in support of the constitutionality of the Fair Credit Reporting Act. | SHAMARA T. KING on behalf of herself and all others similarly situated, Plaintiff, v. GENERAL INFORMATION SERVICES, INC., Defendant. | 2:10-cv-06850-PBT | na | 5/3/2012 | www.mortgagedaily.com/CreditLawsuits2q2012.asp |
| Mount Holly Gardens Citizens in Action, Inc. | Mount Holly, N.J. | U.S. Supreme Court | na | Petition for certiorari filed. | Mount Holly v. Mount Holly Gardens Citizens in Action, Inc. | na | June | 6/25/2012 | www.mortgagedaily.com/ComplianceLawsuits2q2012.asp |
| SunTrust Mortgage Inc. | United States of America | U.S. District Court for the Eastern District of Virginia | $21,000,000 | Settlement reached. | United States of America, Plaintiff, v. SunTrust Mortgage Inc., Defendant | 3:12-cv-00397-REP | 5/31/2012 | www.mortgagedaily.com/LitigationFairLending060412.asp, www.mortgagedaily.com/MctSettlementSuntrust060112.asp | |
| Bank of America | Angelini | U.S. District Court for the District of Maryland | na | Complaint filed. | Angelini v. Bank of America, et al | 1:12-cv-01748 | 6/13/2012 | 6/13/2012 | www.mortgagedaily.com/LitigationFees091012.asp |
| Quicken Loans Inc. | Freeman | U.S. Supreme Court | na | Appeals court decision overturned. | Freeman v. Quicken Loans Inc. | 10-1042 | 5/24/2012 | www.mortgagedaily.com/LawsuitQuickenFees052412.asp | |
| Fifth Third Bank, et al | Christopher Manners, Jamie Young, Aimee Young | 3rd U.S. Circuit Court of Appeals | na | Defendant accused of taking “disguised, unlawful referral fees” or “kickbacks” from mortgage insurers. | Fifth Third Bank, et al | na | 4/5/2012 | 4/5/2012 | www.mortgagedaily.com/MctLawsuit53MI040712.asp |
| PHH Mortgage Corp. | Mathews | Supreme Court of Virginia | na | Court held that the term “branch office” includes not only servicing offices, but also “originating offices.” | Mathews v. PHH Mortgage Corporation | 110967 | na | 4/20/2012 | www.mortgagedaily.com/LitigationCompliance061112.asp |
| The Lending Company, Wells Fargo Funding, RJ Reynolds | Margaret Galas | U.S. District Court | na | Class-action lawsuit filed. | na | na | June | June | https://www.mortgagedaily.com/FraudLitigation012913.asp |
| Deutsche Bank AG, DB Structures Products Inc., Deutsche Bank Securities Inc., MortgageIT Inc | United States of America | U.S. District Court for the Southern District of New York | $202,300,000 | Settlement reached. Plaintiff alleged that defendant failed to comply with requirements that mortgagees monitor early payment defaults on FHA-insured mortgages and correct the problems behind them. | na | na | 5/3/2011 | 5/10/2012 | www.mortgagedaily.com/SettlementDeutsche051012.asp |
| First Horizon National Corp., United Guaranty Residential Insurance Co., Genworth Mortgage Insurance Corp., Republic Mortgage Insurance Co., Radian Guaranty Inc. | Saydei G. Barlee, Barry D. Broome | U.S. District Court for the Eastern District of Pennsylvania | $46,300,000 | Suit alleges defendants schemed to mask kickbacks as part of the regular mortgage insurance paid by homebuyers. | na | na | June | June | www.mortgagedaily.com/MctLawsuitFirstHorizon060412.asp |
| Genworth Financial Inc. | Consumer Financial Protection Bureau | na | na | Civil investigative demand. | na | na | na | 6/20/2012 | www.mortgagedaily.com/CfpbMiInvestigations080412.asp |
| Radian Group Inc. | Consumer Financial Protection Bureau | na | na | Civil investigative demand. | na | na | na | June | www.mortgagedaily.com/CfpbMiInvestigations080412.asp |
| United Guaranty Corp. | Consumer Financial Protection Bureau | na | na | Civil investigative demand. | na | na | na | June | www.mortgagedaily.com/CfpbMiInvestigations080412.asp |
| Allied Home Mortgage Corp., Allied Home Mortgage Capital Corp., Jim C. Hodge, Jeanne L. Stell | United States of America | U.S. District Court for the Southern District of New York | na | Suspension reversed as required in preliminary injunction. | United States of America, Plaintiff-Intervenor, -against- Allied Home Mortgage Corp., Allied Home Mortgage Capital Corp., Jim C. Hodge, and Jeanne L. Stell | Civ. 05443 | 11/1/2011 | May | www.mortgagedaily.com/LawsuitAlliedVsHud081312.asp |
| OCWEN FEDERAL BANK, FSB; OCWEN FINANCIAL CORPORATION; OCWEN LOAN SERVICING, LLC; AAMES CAPITAL CORPORATION; FIRSTAR BANK, nka US BANCORP; OCWEN FEDERAL LOAN SERVICING COMPANY; DEUTSCHE BANK NATIONAL TRUST CO., fka BANKERS TRUST COMPANY OF CALIFORNIA, Defendants-Appellees | LISA BRIDGE, WILLIAM W. BRIDGE III | U.S. Court of Appeals, Sixth Circuit | na | Case dismissed against all defendants except Ocwen Loan Servicing . | LISA BRIDGE; WILLIAM W. BRIDGE, III, Plaintiffs-Appellants, v. OCWEN FEDERAL BANK, FSB; OCWEN FINANCIAL CORPORATION; OCWEN LOAN SERVICING, LLC; AAMES CAPITAL CORPORATION; FIRSTAR BANK, nka US BANCORP; OCWEN FEDERAL LOAN SERVICING COMPANY; DEUTSCHE BANK NATIONAL TRUST CO., fka BANKERS TRUST COMPANY OF CALIFORNIA, Defendants-Appellees | 847608 | na | 4/30/2012 | www.mortgagedaily.com/LitigationServicing071712.asp |
| na | Gary Crane, Marsa Crane | U.S. Bankruptcy Court for the Central District of Illinois | na | Ruling that a mortgage is avoidable in bankruptcy if it fails to include the maturity date and the interest rate of the underlying debt within the mortgage document as recorded. | In re Crane | 11-90592 | 2/29/2012 | 4/5/2012 | www.mortgagedaily.com/BankruptcyIll052312.asp |
| M&T Bank Corporation, Bayview Financial Small Business Funding LLC | L. Diane Fortier, et al. | Sonoma County Superior Court | $188,821 | Court ruled in favor of Plaintiff. | L. Diane Fortier, et al. v. M&T Bank Corporation, et al. | na | na | 4/2/2012 | www.mortgagedaily.com/CommercialLawsuits2q2012.asp |
