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/
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.

Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.


Foreclosure Lawsuits
2007 Mortgage Litigation Report

main report page

Servicer-related litigation, foreclosure lawsuits and cases against foreclosure rescue services.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
.
U.S. District Court, District of Ohio
.
Federal judges toss out numerous foreclosure cases where lenders and investors have failed to comply with court procedures to properly document a chain of ownership of loans being foreclosed
.
Ronaldo Rodriguez and Jodi Aguirre-Rodriguez
Pima County Superior Court
$1.5 million
Despite borrower's failure to disclose outstanding judgments and unpaid child support on his application, jury finds in favor of Arizona couple who lost their home to foreclosure by another lender because Ameriquest supposedly didn't fund a loan that was already closed
.
Sharon Diane Hill
U.S. Bankruptcy Court, Pennsylvania
.
Countrywide accused of fabricating escrow letters to show that a borrower who was facing foreclosure and had filed bankruptcy owed nearly $5,000 in payments.
.
Dovenmuehle Mortgage Inc. . . . Borrowers allegedly spent more than seven months fighting late fees and default notices because Dovenmuehle applied the Rawlings' mortgage payment to the wrong loan Rawlings v. Dovenmuehle Mortgage Inc.
Wells Fargo
Hamilton County, Ohio - Court of Common Pleas
.
Wells Fargo Bank couldn't foreclose on a home because it did not prove that it had owned the mortgage
.
Atta Poku
Maryland Court of Appeals
.
Maryland borrower lost his property to foreclosure after refinancing because the closing agent allegedly failed to forward proceeds to WaMu
Poku v. Friedman
Home Savers LLC Angela Clemmons U.S. District Court, Eastern District of Virginia, Norfolk Division . In rent/buyback scheme that resulted in foreclosure, despite lender's claim that borrower lacked legal and equitable title to the house, borrower claimed be the owner of the property and that lender only had a deed of trust Angela Clemmons v. Home Savers LLC
Mutual Trust Funding; Creative Financial Solutions; Eyes Have Not Seen; Charles T. White Jr.; Debra Gray; Darius K. Monroe Illinois Cook County Circuit Court , Illinois . Foreclosure rescue scam advertised on gospel radio promising to save delinquent borrowers from losing their properties but instead of helping the borrowers during a recovery period, the company used cashout mortgages to strip the equity from the properties and leave the borrowers saddled with the larger payment. .
Option One Mortgage Corp. . . . Borrowers spent over a year to stop delinquency notices and correct erroneous credit reporting from a new servicer even though the loan had been refinanced and paid off by a new lender Islam v. Option One Mortgage Corp.
St. Stephens Baptist Church Corp. M&T Mortgage Corp . . In a foreclosure suit, M&T is accelerating one of the mortgages and demanding the balance due, which the defendant is fighting, in part, on the grounds that this and other loans were "fraudulently originated" .
SunTrust Bank, Cardinal Bank U.S. Department of Justice U.S. District Court for the Eastern District of Tennessee in Knoxville . SunTrust loses battle to foreclose on property because criminal activity forfeiture laws allow Department of Justice to sell the property and use the funds from the sale to reimburse mortgage holders. .

Foreclosure News | Foreclosure Resources


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