|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Fannie Mae |
na |
U.S. District Court for the Southern District of New York |
na |
Answers to complaints filed. Goldman Sachs dismissed from suit. |
In re 2008 Fannie Mae ERISA Litigation; Comprehensive Investment Services v. Mudd, et al.; and Smith v. Fannie Mae, et al |
09-mdl-2013 |
na |
November |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| Federal National Mortgage Association, KPMG, LLP, Leanne Spencer, Franklin D. Raines, J. Timothy Howard |
Ohio Public Employees Retirement System, State Teachers Retirement System of Ohio |
U.S. District Court for the District of Columbia |
na |
Court granted motion for summary judgment and dismissed Spencer from the case on Nov. 20; Raines and Howard dismissed as defendants on Oct. 16. |
In re Federal National Mortgage Association Securities, Derivative, and “ERISA” Litigation;
In re Fannie Mae Securities Litigation |
MDL No. 1668, Consolidated Civil Action No. 04-1639 (RJL) |
na |
11/20/2012 |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| First Financial Northwest, Inc. |
Stilwell Group |
na |
na |
Settlement reached over election results.. |
na |
na |
na |
12/20/2012 |
www.mortgagedaily.com/InvestorLawsuits4q2012.asp |
| Kenneth Shellem, Richard Koon, Scott Van Dellen |
Federal Deposit Insurance Corp. |
U.S. District Court for the Central District of California |
$170,000,000 |
Case tried. |
na |
na |
na |
November |
www.mortgagedaily.com/MctLawsuitIndymac111212.asp |
| Wells Fargo & Company |
investors |
na |
na |
Complaint filed. |
na |
na |
11/26/2012 |
11/26/2012 |
www.mortgagedaily.com/InvestorLawsuits4q2012.asp |
| Wells Fargo Bank, N.A. |
The City of Farmington Hills Employees Retirement System |
U.S. District Court for the District of Minnesota |
|
Defendant’s motion to exclude from the class those who did not suffer any loss denied. |
The City of Farmington Hills Employees Retirement System v. Wells Fargo Bank |
0:2010-cv-04372 |
10/26/2010 |
November |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| ALLY FINANCIAL INC. |
FEDERAL HOUSING FINANCE AGENCY |
U.S. District Court for the Southern District of New York |
na |
Several claims dismissed. |
FEDERAL HOUSING FINANCE AGENCY, etc., Plaintiff, v. ALLY FINANCIAL INC., et al., Defendants |
11 Civ. 7010 (DLC) |
na |
12/19/2012 |
www.mortgagedaily.com/LitigationMbsFHFA011313.asp |
| Bank of America |
Pennsylvania school pension fund |
U.S. District Court for the Southern District of New York |
na |
Defendant’s request to dismiss denied. |
na |
na |
na |
Q3 |
https://www.mortgagedaily.com/LitigationMbs110712.asp |
| BANK OF AMERICA CORP., NB HOLDINGS CORP., COUNTRYWIDE FINANCIAL CORP., COUNTRYWIDE HOME LOANS, INC., BAC HOME LOANS SERVICING LP f/k/a COUNTRYWIDE HOME LOANS SERVICING LP, CWALT, INC., CWMBS, INC., CWABS, INC., CWHEQ, INC., and COUNTRYWIDE SECURITIES CORP. |
PHOENIX LIGHT SF LIMITED, SILVER ELMS CDO PLC, SILVER ELMS II LTD, KLEROS PREFERRED FUNDING V PLC, BLUE HERON FUNDING II LTD., BLUE HERON FUNDING V LTD., and BLUE HERON FUNDING IX LTD |
Supreme Court of the State of New York County of New York |
$122,183,462 |
Complaint filed. |
PHOENIX LIGHT SF LIMITED, SILVER ELMS CDO PLC, SILVER ELMS II LTD, KLEROS PREFERRED FUNDING V PLC, BLUE HERON FUNDING II LTD., BLUE HERON FUNDING V LTD., and BLUE HERON FUNDING IX LTD., Plaintiffs, -against- BANK OF AMERICA CORP., NB HOLDINGS CORP., COUNTRYWIDE FINANCIAL CORP., COUNTRYWIDE HOME LOANS, INC., BAC HOME LOANS SERVICING LP f/k/a COUNTRYWIDE HOME LOANS SERVICING LP, CWALT, INC., CWMBS, INC., CWABS, INC., CWHEQ, INC., and COUNTRYWIDE SECURITIES CORP., Defendants |
653916/2012 |
11/13/2012 |
11/13/2012 |
www.mortgagedaily.com/LitigationMbsBoa011313.asp |
| BANK OF AMERICA CORPORATION; BANK OF AMERICA, N.A.; COUNTRYWIDE FINANCIAL CORPORATION; COUNTRYWIDE SECURITIES CORPORATION; COUNTRYWIDE CAPITAL MARKETS, LLC; COUNTRYWIDE HOME LOANS, INC.; CWABS, INC.; CWHEQ, INC.; MERRILL LYNCH & CO., INC.; MERRILL LYNCH, PIERCE, FENNER & SMITH, INC. (f/k/a BANC OF AMERICA SECURITIES LLC); MERRILL LYNCH MORTGAGE LENDING INC.; and MERRILL LYNCH MORTGAGE INVESTORS, INC. |
HSH NORDBANK AG; HSH NORDBANK AG, LUXEMBOURG BRANCH; HSH NORDBANK AG, NEW YORK BRANCH; HSH NORDBANK SECURITIES S.A.; and CARRERA CAPITAL FINANCE LIMITED |
Supreme Court of the State of New York County of New York |
$218,144,000 |
Complaint filed. |
HSH NORDBANK AG; HSH NORDBANK AG, LUXEMBOURG BRANCH; HSH NORDBANK AG, NEW YORK BRANCH; HSH NORDBANK SECURITIES S.A.; and CARRERA CAPITAL FINANCE LIMITED, Plaintiffs, -against- BANK OF AMERICA CORPORATION; BANK OF AMERICA, N.A.; COUNTRYWIDE FINANCIAL CORPORATION; COUNTRYWIDE SECURITIES CORPORATION; COUNTRYWIDE CAPITAL MARKETS, LLC; COUNTRYWIDE HOME LOANS, INC.; CWABS, INC.; CWHEQ, INC.; MERRILL LYNCH & CO., INC.; MERRILL LYNCH, PIERCE, FENNER & SMITH, INC. (f/k/a BANC OF AMERICA SECURITIES LLC); MERRILL LYNCH MORTGAGE LENDING INC.; and MERRILL LYNCH MORTGAGE INVESTORS, INC., Defendants |
INDEX NO. 654382/2012 |
12/14/2012 |
12/14/2012 |
www.mortgagedaily.com/LitigationMbsBoa011313.asp |
| BEAR, STEARNS & CO., INC n/k/a J.P. MORGAN SECURITIES, LLC; STRUCTURED ASSET MORTGAGE INVESTMENTS II, INC.; BEAR STEARNS ASSET BACKED SECURITIES I, LLC; and INDYMAC MBS, INC. |
NATIONAL CREDIT UNION ADMINISTRATION BOARD |
U.S. District Court for the District of Kansas |
$3,600,000,000 |
Complaint filed. |
NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Liquidating Agent of U.S. Central Federal Credit Union, Western Corporate Federal Credit Union, Southwest Corporate Federal Credit Union, and of Members United Corporate Federal Credit Union, Plaintiff, v. BEAR, STEARNS & CO., INC n/k/a J.P. MORGAN SECURITIES, LLC; STRUCTURED ASSET MORTGAGE INVESTMENTS II, INC.; BEAR STEARNS ASSET BACKED SECURITIES I, LLC; and INDYMAC MBS, INC. Defendants |
na |
12/14/2012 |
12/14/2012 |
www.mortgagedaily.com/LitigationMbsRegulatory011313.asp |
| Capital One, N.A. |
Ambac Assurance Corp. |
U.S. District Court for the Southern District of New York |
na |
Complaint filed. |
na |
na |
10/24/2012 |
10/24/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| Citigroup Inc. |
Sealink Funding Limited |
Supreme Court of the State of New York County of New York |
$513,331,000 |
Complaint filed. |
SEALINK FUNDING LIMITED, Plaintiff, – against – CITIGROUP INC., CITIGROUP GLOBAL MARKETS INC., CITIGROUP MORTGAGE LOAN TRUST INC. and CITIGROUP GLOBAL MARKETS REALTY CORP., Defend |
653844/2012 |
11/7/2012 |
11/7/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| COMMONWEALTH ADVISORS, INC., WALTER A. MORALES |
Securities and Exchange Commission |
U.S. District Court for the Middle District of Louisiana |
$32,000,000 |
Complaint filed. |
U.S. SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. COMMONWEALTH ADVISORS, INC. and WALTER A. MORALES, Defendants |
na |
11/8/2012 |
11/8/2012 |
www.mortgagedaily.com/LitigationMbsRegulatory011313.asp |
| Countrywide Financial |
Federal Deposit Insurance Corp. |
U.S. District Court, Central District of California |
na |
Judge is no longer convinced that a California state court case extended the statute of limitation of claims brought in federal court. |
FDIC v. Countrywide Financial |
12-4354 |
na |
11/21/2012 |
www.mortgagedaily.com/InvestorLawsuits4q2012.asp |
| Credit Suisse Securities (USA) LLC, f/d/a “Credit Suisse First Boston LLC,” DLJ Mortgage Capital, Inc., Credit Suisse First Boston Mortgage Securities Corporation, Asset Backed Securities Corporation and Credit Suisse Mortgage Acceptance Corporation |
State of New York |
Supreme Court of the State of New York County of New York |
$11,200,000,000 |
Complaint filed. |
People of the State of New York, by Eric T. Schneiderman, Attorney General of the State of New York, Plaintiff, – against – Credit Suisse Securities (USA) LLC, f/d/a “Credit Suisse First Boston LLC,” DLJ Mortgage Capital, Inc., Credit Suisse First Boston Mortgage Securities Corporation, Asset Backed Securities Corporation and Credit Suisse Mortgage Acceptance Corporation, Defendants |
Index No. 451802/20122 |
11/20/2012 |
11/20/2012 |
www.mortgagedaily.com/LitigationMbsRegulatory011313.asp |
| Credit Suisse Securities, RBS Securities, Greenwich Capital Acceptance and Structured Asset Mortgage Investments |
Genesee County Employees’ Retirement System, Maryland National Capital Park & Planning Commission Employees’ Retirement System, the Midwest Operating Engineers Pension Fund |
U.S. District Court for the District of New Mexico |
$11,500,000 |
Settlement approved. |
na |
na |
March 2009 |
12/10/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| DEUTSCHE BANK AG; DEUTSCHE BANK SECURITIES, INC.; DB STRUCTURED PRODUCTS INC.; DEUTSCHE ALT-A SECURITIES INC.; and MORTGAGE IT SECURITIES CORPORATION |
LANDESBANK BADEN-WÜRTTEMBERG and SPENCERVIEW ASSET MANAGEMENT LTD. |
Supreme Court of the State of New York County of New York |
$173,000,000 |
Complaint filed. |
LANDESBANK BADEN-WÜRTTEMBERG and SPENCERVIEW ASSET MANAGEMENT LTD., Plaintiffs, v. DEUTSCHE BANK AG; DEUTSCHE BANK SECURITIES, INC.; DB STRUCTURED PRODUCTS INC.; DEUTSCHE ALT-A SECURITIES INC.; and MORTGAGE IT SECURITIES CORPORATION, Defendants |
INDEX NO. 654543/2012 |
12/27/2012 |
12/27/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| DLJ Mortgage Capital Inc., Credit Suisse Securities (USA) LLC |
Assured Guaranty Municipal Corp. |
Supreme Court of the State of New York County of New York |
na |
Three causes of action dismissed. |
Assured Guaranty Municipal Corp. f/k/a Financial Security Assurance, Inc., Assured Guaranty Corp., Plaintiffs, -against- DLJ Mortgage Capital, Inc. and Credit Suisse Securities (USA), LLC, Defendants |
652837-2011E |
10/17/2011 |
10/11/2012 |
www.mortgagedaily.com/LitigationMbs110712.asp |
| Flagstar Bank FSB, Flagstar Capital Markets Corporation, and Flagstar ABS, LLC |
Assured Guaranty Municipal Corp., f/k/a Financial Security Assurance Inc. |
U.S. District Court for the Southern District of New York |
na |
Closing arguments presented, joint proposed pre-trial order filed. |
Assured Guaranty Municipal Corp., f/k/a Financial Security Assurance Inc., Plaintiff, vs. Flagstar Bank, FSB; Flagstar Capital Markets Corporation; and Flagstar ABS, LLC, Defendants |
173796 |
4/7/2011 |
Nov. 2012 |
www.mortgagedaily.com/LitigationMbs011313.asp, www.mortgagedaily.com/LitigationMbs110712.asp |
| GOLDMAN SACHS GROUP, INC. |
PUBLIC EMPLOYEES’ RETIREMENT SYSTEM OF MISSISSIPPI |
U.S. District Court for the Southern District of New York |
na |
Settlement proposed. |
PUBLIC EMPLOYEES’ RETIREMENT SYSTEM OF MISSISSIPPI, Individually and On Behalf of All Others Similarly Situated, Plaintiff, v. GOLDMAN SACHS GROUP, INC., et al., Defendants |
09-CV-1110-HB |
na |
Q4 |
www.mortgagedaily.com/LitigationMbsGoldman110712.asp |
| J.P. Morgan Securities LLC (formerly known as Bear Stearns & Co. Inc.), JP Morgan Chase Bank, N.A., and EMC Mortgage LLC (formerly known as EMC Mortgage Corporation) |
State of New York |
New York State Supreme Court |
$22,500,000,000 |
Complaint filed. |
PEOPLE OF THE STATE OF NEW YORK, by ERIC T. SCHNEIDERMAN, Attorney General of the State of New York, Plaintiff, – against – J.P. MORGAN SECURITIES LLC, (f/k/a “Bear, Stearns & Co. Inc.”), JPMORGAN CHASE BANK, N.A., EMC MORTGAGE LLC (f/k/a “EMC Mortgage Corporation”), Defendants. |
na |
10/2/2012 |
10/2/2012 |
www.mortgagedaily.com/MbsLawsuits4q2012.asp, www.mortgagedaily.com/MctSettlementsSec111812.asp |
| J.P. Morgan Securities LLC, EMC Mortgage LLC |
Prudential Insurance Company of America |
U.S. District Court for the District of New Jersey, New Jersey’s Essex County Superior Court |
na |
Case remanded to state court. |
na |
na |
April 2012 |
12/20/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| RBS Financial Products |
State of Nevada |
Eighth Judicial District Court |
$42,000,000 |
Settlement reached. |
na |
na |
na |
10/24/2012 |
www.mortgagedaily.com/LitigationMbs110712.asp |
| RBS Securities Inc |
Woori Bank |
U.S. District Court for the Southern District of New York |
$80,000,000 |
Case dismissed. |
Woori Bank v. RBS Securities Inc et al |
12-04254 |
na |
12/27/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| Standard & Poor’s Financial Services LLC, Moody’s Investors Service Inc. and Fitch Inc. |
OHIO POLICE & FIRE PENSION FUND; OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM; STATE TEACHERS RETIREMENT SYSTEM OF OHIO; SCHOOL EMPLOYEES RETIREMENT SYSTEMS OF OHIO; OHIO PUBLIC EMPLOYEES DEFERRED COMPENSATION PROGRAM |
U.S. Court of Appeals for the Sixth Circuit, U.S. District Court for the Southern District of Ohio |
$457,000,000 |
Appeals court upholds dismissal of lawsuit. |
OHIO POLICE & FIRE PENSION FUND; OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM; STATE TEACHERS RETIREMENT SYSTEM OF OHIO; SCHOOL EMPLOYEES RETIREMENT SYSTEMS OF OHIO; OHIO PUBLIC EMPLOYEES DEFERRED COMPENSATION PROGRAM, Plaintiffs-Appellants, v. STANDARD & POOR’S FINANCIAL SERVICES LLC; THE MCGRAW-HILL COMPANIES, INC.; MOODY’S CORP.;MOODY’S INVESTORS SERVICE, INC.; FITCH, INC., Defendants-Appellees |
2:09-cv-1054 |
na |
12/3/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| WMC Mortgage LLC |
trustee of Securitized Asset Backed Receivables LLC Trust 2006-WM2 |
U.S. District Court |
$1,000,000,000 |
Complaint filed. |
na |
na |
10/29/2012 |
10/29/2012 |
www.mortgagedaily.com/LitigationMbs110712.asp |
| WMC Mortgage LLC and General Electric Capital Corp. |
Deutsche Bank National Trust Co. |
Connecticut District Court, New Haven Office |
$390,000,000 |
Complaint filed. |
Deutsche Bank National Trust Company v. WMC Mortgage LLC and General Electric Capital Corporation |
3:2012cv01699 |
11/30/2012 |
11/30/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| JPMorgan Chase & Co. |
New York Attorney General |
New York Surpreme Court |
na |
Complaint filed. |
na |
na |
10/1/2012 |
10/1/2012 |
www.mortgagedaily.com/MctLawsuitChaseMbs100212.asp |
| Bank of America |
United States of America |
na |
na |
Complaint filed in case invovling Fannie Mae and Freddie Mac loans. |
na |
na |
na |
October |
www.mortgagedaily.com/MctSettlementsSec111812.asp |
| Credit Suisse |
Securities and Exchange Commission |
na |
$120,000,000 |
Settlement reached. |
In the Matter of Credit Suisse Securities (USA) LLC; DLJ Mortgage Capital, Inc.; Credit Suisse First Boston Mortgage Acceptance Corp.; Credit Suisse First Boston Mortgage Securities Corp.; and Asset Backed Securities Corporation Respondents |
Administrative Proceeding File No. 3-15098 |
11/16/2012 |
11/16/2012 |
www.mortgagedaily.com/MctSettlementsSec111812.asp, www.mortgagedaily.com/LitigationMbsRegulatory011313.asp |
| J.P. MORGAN SECURITIES LLC, EMC MORTGAGE, LLC, BEAR STEARNS ASSET BACKED SECURITIES I, LLC, STRUCTURED ASSET MORTGAGE INVESTMENTS II, INC., SACO I, INC., AND J.P. MORGAN ACCEPTANCE CORPORATION I |
Securities and Exchange Commission |
U.S. District Court for the District of Columbia |
$296,900,000 |
Settlement reached. |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. J.P. MORGAN SECURITIES LLC, EMC MORTGAGE, LLC, BEAR STEARNS ASSET BACKED SECURITIES I, LLC, STRUCTURED ASSET MORTGAGE INVESTMENTS II, INC., SACO I, INC., AND J.P. MORGAN ACCEPTANCE CORPORATION I, Defendants |
na |
na |
11/16/2012 |
www.mortgagedaily.com/LitigationMbsRegulatory011313.asp, www.mortgagedaily.com/MctSettlementsSec111812.asp |
| GreenPoint Mortgage Funding Inc. |
CIFG Assurance North America Inc. |
Supreme Court of the State of New York County of New York |
$58,000,000 |
Complaint filed. |
CIFG Assurance North America Inc., Plaintiff, – against – GreenPoint Mortgage Funding, Inc., Defendant |
Index No. 653449/2012 |
10/1/2012 |
10/1/2012 |
www.mortgagedaily.com/LitigationMbs110712.asp, www.mortgagedaily.com/LitigationMbsGoldman110712.asp |
| HSBC Finance Corp. as Successor-in-Interest to Decision One |
Federal Housing Finance Agency |
U.S. District Court for the Southern District of New York |
na |
Case closed. Case had been removed to federal court on 10/19/12. |
Federal Housing Finance Agency v. HSBC Finance Corp. as Successor-in-Interest to Decision One |
12-cv-7809 |
9/26/2009 |
12/5/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| MERRILL LYNCH MORTGAGE LENDING, INC., MERRILL LYNCH MORTGAGE INVESTORS, INC., BANK OF AMERICA, NATIONAL ASSOCIATION |
MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM4, MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM5 |
Supreme Court of the State of New York County of New York |
$1,100,000,000 |
Complaint filed. |
MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM4, MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM5, Plaintiffs, -against- MERRILL LYNCH MORTGAGE LENDING, INC., MERRILL LYNCH MORTGAGE INVESTORS, INC., BANK OF AMERICA, NATIONAL ASSOCIATION, Defendants |
Index No. 654403/2012 |
12/18/2013 |
12/18/2013 |
www.mortgagedaily.com/LitigationMbsBoa011313.asp |
| WMC Mortgage Corp. |
U.S. Bank, N.A. |
U.S. District Court for the District of Minnesota |
na |
Motion to dismiss granted. |
MASTR Asset Backed Securities Trust 2006-HE3 v. WMC Mortgage Corporation |
11-2542, 2012 WL 4511065 |
Sep. 2011 |
10/1/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| Anthony J. Nocella, J. Russell McCann |
Securities and Exchange Commission |
U.S. District Court for the Southern District of Texas |
na |
Management order filed in case against former Franklin Bank Corp. executives. |
Securities and Exchange Commission, Plaintiff, v. Anthony J. Nocella, and J. Russell McCann, Defendants |
4:12-cv-01051 |
4/5/2012 |
November |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| Michael W. Perry |
Federal Deposit Insurance Corp. |
U.S. District Court for the Central District of California |
$12,000,000 |
Former IndyMac CEO settles case for $1 million plus corporate liability insurance claims. |
FDIC as Receiver of IndyMac Bank, F.S.B. v. Perry, et al |
2:10-cv-04915-DSF-SH |
7/6/2010 |
12/14/2012 |
www.mortgagedaily.com/MctSettlementIndymac121612.asp |
| Scott Van Dellen, Richard Koon, Kenneth Shellem and William Rothman |
Federal Deposit Insurance Corp. |
U.S. District Court for the Central District of California |
$169,000,000 |
Verdict against former IndyMac executives. |
Federal Deposit Insurance Corp., as Receiver for IndyMac Bank, F.S.B., Plaintiff, v. Scott Van Dellen, Richard Koon, Kenneth Shellem and William Rothman, Defendants |
10-04915-RSWL |
7/2/2010 |
12/7/2012 |
www.mortgagedaily.com/MctLawsuitFdicIndymac120812.asp |
| Stephen L. Howell, Security Financial Services, Inc., Security Financial Fund, LLC and Security Investors Fund, LLC |
Idaho Department of Finance |
First District Court in Benewah County |
$24,000,000 |
Complaint filed. |
na |
na |
12/26/2012 |
12/26/2012 |
www.mortgagedaily.com/InvestorLawsuits4q2012.asp |
| Countrywide Home Loans, Inc. d/b/a Bank of America Home Loans, Bank of America Corporation, Bank of America, N.A. |
Washington Federal |
U.S. District Court Western District of Washington at Seattle |
$400,000,000 |
Complaint filed. |
Washington Federal v. Countrywide Home Loans, Inc. d/b/a Bank of America Home Loans, Bank of America Corporation, Bank of America, N.A. |
2:12-cv-01820 |
10/16/2012 |
10/16/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Old Second National Bank |
SunTrust Mortgage, Inc. |
United States District Court, E.D. Virginia, Richmond Division |
na |
Case closed. |
SunTrust Mortgage, Inc. v. Old Second National Bank |
3:12cv99-JAG |
2/9/2012 |
11/1/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Allied Mortgage Group, Inc. |
CitiMortgage, Inc. |
U.S. District Court, E.D. Missouri, Eastern Division |
na |
Case closed. |
CitiMortgage, Inc. V. Allied Mortgage Group, Inc. |
4:10CV01863 JAR |
5/1/2012 |
10/24/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| na |
Meridian Investors |
U.S. Bankruptcy Court for the Western District of Washington at Seattle |
na |
Objection to claim and notice of hearing. |
In Re Consolidated Funds a/k/a Meridian Investors Trust, et al. |
2:10-bk-17952 |
7/9/2010 |
11/9/2012 |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| na |
IndyMac Bancorp Inc. |
U.S. Bankruptcy Court, Central District of California, Los Angeles Division |
$1,637,031 |
Order granting the fee applications of some of the professionals involved in the case filed. |
In Re IndyMac |
2:08-21752-BB |
7/31/2008 |
12/20/2012 |
www.mortgagedaily.com/LitigationBkCorp021813.asp |
| Residential Capital LLC |
NEW JERSEY CARPENTERS HEALTH FUND, NEW JERSEY CARPENTERS VACATION FUND And BOILERMAKER BLACKSMITH NATIONAL PENSION TRUST, on Behalf of Themselves and All Others Similarly Situated, Plaintiffs |
U.S. District Court for the Southern District of New York |
na |
Class certification granted. |
NEW JERSEY CARPENTERS HEALTH FUND, NEW JERSEY CARPENTERS VACATION FUND And BOILERMAKER BLACKSMITH NATIONAL PENSION TRUST, on Behalf of Themselves and All Others Similarly Situated, Plaintiffs, v. RESIDENTIAL CAPITAL, LLC, et al., Defendants |
08 CV 8781 (HB) |
na |
10/15/2012 |
www.mortgagedaily.com/LitigationMbsResCap110712.asp |
| Royal Bank of Scotland |
NEW JERSEY CARPENTERS HEALTH FUND, NEW JERSEY CARPENTERS VACATION FUND And BOILERMAKER BLACKSMITH NATIONAL PENSION TRUST, on Behalf of Themselves and All Others Similarly Situated, Plaintiffs |
U.S. District Court for the Southern District of New York |
na |
Class certification granted. |
na |
08 Civ. 5093 |
na |
10/15/2012 |
www.mortgagedaily.com/LitigationMbsResCap110712.asp |
| na |
Residential Capital LLC |
U.S. Bankruptcy Court for the Southern District of New York |
$3,000,000,000 |
Asset sale approved on Nov. 27. Wells Fargo Bank, N.A., as master servicer files joinder on Oct. 29. Wells Fargo, Deutsche Bank National Trust Corp., Deutsche Bank Trust Company Americas; The Bank of New York Mellon Trust Company, N.A.; and U.S. Bank, N.A., file supplement to trustees’ pre-auction objection. Financial Guaranty Insurance Co. made a filing on Oct. 5 in ResCap’s bankruptcy to ensure $193,735,218 in premiums and other money it claims to be owed are repaid in the likely sale of its assets. |
In. re. Residential Capital LLC |
12-12020 |
5/14/2012 |
11/27/2012 |
www.mortgagedaily.com/OcwenResCap112712.asp, www.mortgagedaily.com/LitigationMbsResCap110712.asp, www.mortgagedaily.com/OcwenResCap102412.asp |
| na |
The PMI Mortgage Group |
na |
na |
“Well-known private equity investor” indicates interest in making investment and reorganizing company. |
In. re. The PMI Mortgage Group |
na |
11/23/2011 |
December |
www.mortgagedaily.com/PmiInvestor120512.asp |
| FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as the Receiver for COLONIAL BANK, and in its capacity as the Receiver for PLATINUM COMMUNITY BANK, Defendant and Counterclaim Plaintiff. |
BANK OF AMERICA, N. A., As Indenture Trustee, Custodian, and Collateral Agent for OCALA FUNDING, LLC, Plaintiff and Counterclaim Defendant |
United States District Court for the District of Columbia |
$1,700,000,000 |
Both parties moved to dismiss. Court granted and denied both motions in part. |
BANK OF AMERICA, N. A., As Indenture Trustee, Custodian, and Collateral Agent for OCALA FUNDING, LLC, Plaintiff and Counterclaim Defendant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as the Receiver for COLONIAL BANK, and in its capacity as the Receiver for PLATINUM COMMUNITY BANK, Defendant and Counterclaim Plaintiff. |
10-CV-1681 (BJR) |
na |
12/10/2012 |
www.mortgagedaily.com/BankruptcyCorporateLawsuits4q2012.asp |
| Robert Stinson Jr. |
United States of America |
U.S District Court for the Eastern District of Pennsylvania |
$17,000,000 |
Defendant sentenced to 33 years. |
United States v. Robert Stinson, Jr. |
2:10-cr-00724 |
na |
November |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| Anthony F. D’Agostino |
United States of America |
U.S. District Court for the Northern District of Illinios |
$63,000,000 |
Defendant pleaded not guilty. |
na |
na |
12/11/2012 |
12/27/2012 |
www.mortgagedaily.com/CriminalActions4q2012.asp |
| Charles Chesterfield |
United States of America |
U.S. District Court for the Western District of Washington |
$3,000,000 |
Sentenced to 40 months. |
na |
na |
na |
11/8/2012 |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Regina M. Preetorius |
United States of America |
U.S. District Court for the Southern District of Georgia |
$1,700,000 |
Defendant arraigned and granted bond of $20,000. |
na |
na |
na |
10/31/2012 |
www.mortgagedaily.com/ForeclosureLawsuits4q2012.asp |
| Regina M. Preetorius |
United States of America |
U.S. District Court for the Southern District of Georgia |
$1,700,000 |
Defendant arraigned and granted bond of $20,000. |
na |
na |
na |
10/31/2012 |
www.mortgagedaily.com/ForeclosureLawsuits4q2012.asp |
| Aneal Maharaj |
United States of America |
U.S. District Court for the District of Nevada |
$1,400,000 |
Guilty plea. |
na |
na |
n |
10/18/2012 |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Stanley Fenton Anderson |
na |
District Court of Adams County, Colorado |
$1,600,000 |
Sentenced to 11 years. |
People of the State of Colorado, Plaintiff v. Stanley Fenton Anderson, DOB 9/2/1973 Defendant |
1530, Division T |
6/2/2011 |
November |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Todd Hoss |
United States of America |
U.S. District Court for the Western District of Washington |
$4,200,000 |
Sentenced to 8 years. |
na |
na |
na |
10/26/2012 |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Gilbert G. Lundstrom, James A. Laphen and Trevor A. Lundstrom |
Securities and Exchange Commission |
U.S. District Court for the District of Nebraska |
na |
Charges filed. |
Securities and Exchange Commission v. Gilbert G. Lundstrom, James A. Laphen and Trevor A. Lundstrom |
12-cv-00343 |
na |
November |
www.mortgagedaily.com/LitigationInvestor112012.asp |
| Gregory William Bell |
United States of America |
U.S. District Court for the District of Colorado |
$20,808,025 |
Defendant charged and arrested. |
na |
na |
Dec. 2012 |
Dec. 2012 |
www.mortgagedaily.com/CriminalActions4q2012.asp |
| Matthew L. Morris, Wilbur Anthony Huff |
United States of America |
U.S. District Court for the Southern District of New York |
$2,300,000 |
Former executives of Park Avenue Bank indicted. |
na |
na |
October |
October |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Robert Fulton Rood IV |
na |
na |
$9,574,853 |
Guilty plea. |
na |
na |
na |
10/23/2012 |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Scott N. Powers, David E. McMaster |
United States of America |
U.S. District Court for the District of North Dakota |
$28,564,470 |
Guilty pleas in American Mortgage Specialists Inc. case. |
na |
na |
10/2/2012 |
10/19/2012 |
www.mortgagedaily.com/AmericanMortgageSpecialistPlea102212.asp |
