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Mortgage Industry Lawsuits

Mortgage Litigation Index

Last Updated June 26, 2017 3:10 PM Central

Ugly House Buyer Deceives Investors
The guilty plea of a former franchise owner of We Buy Ugly Houses has prompted the company to issue a statement condemning the real estate fraud.

LO Busted for Reverse Mortgage Fraud
A loan officer who originates reverse mortgages has been charged with committing mortgage fraud and not completing promised home repairs.

Couple Claims Victory in 10-Year-Old Foreclosure
After nearly a decade of fighting a foreclosure, a couple in the Empire State is claiming victory after their mortgage servicer missed an important deadline.

Supreme Court Opinion Could Impact RESPA
An opinion issued by the nation's highest court in a case involving a defaulted car loan could impact the interpretation of the Real Estate Settlement Procedures Act.

Mortgage Executives Land Jobs Across Country
Recent executive appointments in home lending include positions located from the West Coast to the Mountain Region to the East Coast.

Whistleblower Lawsuit Against Wells Revived
A recent Supreme Court decision and Justice Department friend of the court brief has breathed new life into a whistleblower case against Wells Fargo & Co.

N.Y. Judge Arrested for Mortgage Fraud
A small-town judge in the Empire State has been arrested for allegedly lying to a home lender to obtain a mortgage.

Fay Servicing Settles Charges of Foreclosure Abuse
Allegations that Fay Servicing LLC illegally moved forward with foreclosures on distressed borrowers who were actively seeking help have been settled.

Another MBS Settlement for Deutsche
Following a pair of recent settlements related to mortgage-backed securities, Deutsche Bank has reached another settlement for nearly $100 million.

Consumer Bankruptcy Filings Increase
Last month, the number of consumers who resorted to bankruptcy moved up on a month-over-month and year-over-year basis.

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