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.

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


Mortgage Fraud Lawsuits

Second-Quarter 2012 Mortgage Litigation Index

back to main page of Q2-2012 report | back to story | back to Mortgage Litigation Index

Big cases involving mortgage fraud, flipping, identity theft and inflated appraisals where a lender employee is involved..

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Date of Activity Link to Story
Marcos Echevarria, Louis Gendason, John Incandela,  Kimberly Mackey United States of America na $2,500,000 Defendants indefinitely debarred by HUD. na na na 4/17/2012 www.mortgagedaily.com/ReverseFraud041712.asp
CHARLES W. CADRECHA, II, an individual; EOS LENDING SERVICES, LLC, a Florida corporation; OIG TITLE & ESCROW, LLC, a Florida limited liability company; THOMAS A. ROCHA, an individual; and DOES 1-50, inclusive, Defendants Real Estate Mortgage Network, Inc., a New Jersey corporation,  Plaintiff U.S. District Court, M.D. Florida, Tampa Division na Plaintiff's Motion for Partial Summary Judgment granted. REAL ESTATE MORTGAGE NETWORK, INC., a New Jersey corporation, Plaintiff,  v. CHARLES W. CADRECHA, II, an individual; EOS LENDING SERVICES, LLC, a Florida corporation; OIG TITLE & ESCROW, LLC, a Florida limited liability company; THOMAS A. ROCHA, an individual; and DOES 1-50, inclusive, Defendants 8:11-cv-474-T-30AEP na 4/30/2012 www.mortgagedaily.com/AppraisalLawsuits2q2012.asp
CoreLogic Valuation Service (fka eAppraiseIT) Federal Deposit Insurance Corp. U.S. District Court for the Central District of California na $16 million breach of contract claim dismissed. na na 5/9/2011 4/25/2012 www.mortgagedaily.com/ClosingCorelogicAmc050912.asp
eAppraiseIT, First American Corp. State of New York U.S. Supreme Court, Court of Appeals of New York, Supreme Court of New York na Supreme Court declined to review trial court decision that was alreaded affirmed by state appeals court. Trial was scheduled for June 11. na na 11/1/2007 4/16/2012 www.mortgagedaily.com/ClosingCorelogicAmc050912.asp
First American eAppraiseIT(a/k/a eAprraiseIT, LLC), a Delaware limited liability company, Defendant Felton A. Spears, Jr., Sidney Scholl, on behalf of themselves and all others similarly situated, Plaintiffs U.S. District Court for the Northern District of California, San Jose Division na Class certification granted. FELTON A. SPEARS, JR., SIDNEY SCHOLL, on behalf of themselves and all others similarly situated, Plaintiffs,  v.  FIRST AMERICAN EAPPRAISEIT (a/k/a eAprraiseIT, LLC), a Delaware limited liability company, Defendant. C-08-00868 RMW na 4/25/2012 www.mortgagedaily.com/AppraisalLawsuits2q2012.asp
Bank of America na na na Settlement reached with whistleblower Kyle W. Lagow. na na na May www.mortgagedaily.com/WhistleBlowers052912.asp
Totalbank, a Florida Corporation, Banco Popular De Espana, a Foreign Corporation, Renato Salazar, individually, Benigno Pazos, individually, Ramon Rodriguez AJR Investment Corp., JAK Holdings Group, LLC., John Herrera, P.A., John Herrera, ESQ., individually, Anouk Herrera, individually, Teresa Herrera, Individually Circuit Court of the 11th Judicial Circuit in and for Miami-Dade county, Florida $1,669,500 Amended complaint filed. AJR Investment Corp., JAK Holdings Group, LLC., John Herrera, P.A., John Herrera, ESQ., individually, Anouk Herrera, individually, Teresa Herrera, Individually, Plaintiff, vs. Totalbank, a Florida Corporation, Banco Popular De Espana, a Foreign Corporation, Renato Salazar, individually, Benigno Pazos, individually, Ramon Rodriguez, individually 2011-13491-CA-01 4/30/2012 4/30/2012 www.mortgagedaily.com/FraudLitigation012913.asp
The Lending Company, Wells Fargo Funding, RJ Reynolds  Margaret Galas U.S. District Court na Class-action lawsuit filed. na na June June www.mortgagedaily.com/FraudLitigation012913.asp
Philip Villasis United States of America U.S. District Court for the Eastern District of Virginia $216,000 33-month sentence. na na na 6/18/2012 www.mortgagedaily.com/LitigationForeclosureFirms062512.asp
Reginald R. Harper United States of America $2,000,000 Defendant entered guilty plea. na na na 4/26/2012 www.mortgagedaily.com/LitigationCriminal052112.asp
Jeremy C. Churchill United States of America na $13,100,000 Pled guilty, sentencing set for Aug. 24. na na na 5/9/2012 www.mortgagedaily.com/LitigationCriminal052112.asp
Koljo Nikolovski United States of America U.S. District Court for the Northern District of Ohio $5,600,000 18-year sentence. na na na 5/11/2012 www.mortgagedaily.com/LitigationCriminalBanks072512.asp
Abacus Federal Savings Bank, Yiu Wah Wong, Wai Hung Tam, Victoria Tsui Yi Yi Zhao, Andy Chen, Wen Fang Wang, Ying Chuan Wang, Jie Qiong Nan, Chi Fung Lau, Phoebe Lee, Qibin Yu, Ruo Lan Chen, Lien Quach, Xiaomin Huang, Yim Cheng, Jin Hua Zhang, Wai Ching Wong, Yuk Yin Lam Cheng, Michelle Wong Li Manhattan District Attorney Cyrus R. Vance na "hundreds of millions of dollars" Defendant indicted along with former executives, loan originators and employees for defrauding Fannie Mae. na na 5/31/2012 5/31/2012 www.mortgagedaily.com/IndictmentAbacus053112.asp
Joseph W. Traxler Centennial Mortgage and Funding Inc. na $5,395,923 Defendant sentenced. na na na Q2 www.mortgagedaily.com/LitigationCriminal052112.asp


1st quarter 2012 mortgage fraud lawsuits

4th quarter 2011 mortgage fraud lawsuits

3rd quarter 2011 mortgage fraud lawsuits

2nd quarter 2011 mortgage fraud lawsuits

1st quarter 2011 mortgage fraud lawsuits

4th quarter 2010 mortgage fraud lawsuits

3rd quarter 2010 mortgage fraud lawsuits

2nd quarter 2010 mortgage fraud lawsuits

1st quarter 2010 mortgage fraud lawsuits

4th-quarter 2009 mortgage fraud lawsuits

3rd-quarter 2009 mortgage fraud lawsuits

2nd-quarter 2009 mortgage fraud lawsuits

1st-quarter 2009 mortgage fraud lawsuits

4th-quarter 2008 mortgage fraud lawsuits

3rd-quarter 2008 mortgage fraud lawsuits

2nd-quarter 2008 mortgage fraud lawsuits

1st-quarter 2008 mortgage fraud lawsuits

full-year 2007 mortgage fraud lawsuits




Mortgage Fraud News | Fraud Statistics | Fraud Index | Fraud Blog
Mortgage broker, originator and banker criminal cases. Real estate flipping and appraisal fraud. Mortgage fraud prevention, studies and analysis.



Logout forgot
password?
Repurchase News
Coverage of repurchase demands, expense and and litigation.

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