|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Link to Story |
| AIG United Guaranty Corp., Bank of America, CitiMortgage Inc., Countrywide Home Loans Inc., Fannie Mae, Freddie Mac, GE Money Bank, GMAC Mortgage, HSBC Mortgage Corp., JPMorgan Chase & Co., Merrill Lynch, the Mortgage Electronic Registration System, National City Bank, PNC Financial Services Group Inc. and Wells Fargo Bank |
n.a. |
multiple |
n.a. |
Cases filed in AZ, FL and NV seek class action certification over alleged fraud against non-english speaking Hispanics. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/Lawsuits051209.asp |
| Ameriquest Mortgage Co. and AMC Mortgage Services Inc. |
Rosemary A. Gilroy |
U.S. District Court for the District of New Hampshire |
$937,000 |
Suit alleges that defendants engaged in predatory lending activities. |
Rosemary A. Gilroy v. Ameriquest Mortgage Company and AMC Mortgage Services, Inc. |
No. 1:07-CV-00074-JD |
15-Mar-2007 |
www.mortgagedaily.com/LawsuitAmeriquest061909.asp |
| Beazer Homes USA Inc. |
North Carolina Office of the Commissioner of Banks |
n.a. |
$2,500,000 |
Settlement in case alleging down payment assistance fraud on FHA loans closed by Beazer Mortgage Corp. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/BeazerSettlement051909.asp |
| Capmark Finance Inc. |
U.S. Department of Justice |
n.a. |
$26,000,000 |
Plaintiff allegedly lied on mortgage insurance application for loan on residential nursing homes. DOJ seeks treble damages and penalties pursuant to False Claims Act. |
n.a. |
n.a. |
9-Jun-2009 |
www.mortgagedaily.com/Lawsuits061109.asp |
| Chase Manhattan Mortgage Corp., Gene P. Percudani, Chapel Creek Homes, Raintree Homes and Chapel Creek Mortgage Banker |
EDDIE LESTER |
U.S. District Court for the Middle District of Pennsylvania |
n.a. |
Settlement stalled and plaintiffs seeking to reopen case. |
PABLO ACRE, et al., Plaintiffs v. CHASE MANHATTAN MORTGAGE CORP., et al., Defendants. |
CIVIL ACTION NO. 1:04-CV-0832 |
16-Apr-2004 |
www.mortgagedaily.com/Lawsuits051209.asp |
| Deutsche Bank, US Bancorp, Saxon Mortgage Brokerage, North American Specialty Insurance Co., Orlinda Martinez, Angelica Duran and Mountain View Mortgage |
New Mexico Office of Attorney General on behalf of the Financial Institutions Division of the New Mexico Regulation and Licensing Department |
n.a. |
n.a. |
78-year-old borrower claims her signature was forged, and state seeks to halt foreclosure. |
n.a. |
n.a. |
May 2009 |
www.mortgagedaily.com/Lawsuits061109.asp |
| Interim Funding LLC, Richard E . Jungen, Elaine E. Jungen, Jerome J. Poehnelt, Kevin J. Dwyer, and Charles L. Miller |
CSMC Inc. |
Milwaukee County Court, Wisconsin |
n/a |
Racketeering lawsuit dismissed against Central States Mortgage Co. founder. |
CSMC Inc. v. Interim Funding LLC et al. |
2009CV001723 |
2-Feb-2009 |
www.mortgagedaily.com/Lawsuits042009.asp |
| Madison Home Equities, Inc. and Nadine Malone |
United States |
U.S. District Court for the Eastern District of New York |
$4,000,000 |
Consent decree and judgment permanently enjoins defendants from making FHA insured loans and utilizing any other government mortgage program. |
United States v. Madison Home Equities, Inc. et al. |
1:2008cv04295 |
22-Oct-2008 |
www.mortgagedaily.com/MadisonFha042909.asp |
| Taylor, Bean Whitaker Mortgage Corp. |
States of Pennsylvania, Arizona, Florida, Georgia, Idaho, Illinois, Louisiana, Maryland, Massachusetts, Mississippi, New Jersey, North Carolina, Vermont and Washington, D.C. |
n.a. |
$9,000,000 |
Settlement tied to mortgage fraud. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/TaylorBeanSettlement062209.asp |
| Valerie Hanserd, Primary Mortgage and Leo Desi |
Commonwealth of Massachusetts |
Suffolk Superior Court |
$115,000 |
Consent judgment in case alleging participation in an illegal foreclosure rescue scheme. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/Lawsuits061109.asp |
| Zia Trust Co, Discount Mortgage Co., Hartford Ins Co., Wendy and Mike Montoya and Robert L.Garretson |
New Mexico Office of Attorney General on behalf of the Financial Institutions Division of the New Mexico Regulation and Licensing Department |
n.a. |
$42,000 |
Fraud alleged. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/Lawsuits061109.asp |
