twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to 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

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

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









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

subscribe for instant access to full Q1 2013 report plus all prior data


Mortgage Litigation Index Still Elevated

DALLAS -- (Sept. 16, 2013) /PRNewswire/ The level of litigation tied to mortgage-related issues remains elevated, according to Mortgage Daily's First Quarter 2013 Mortgage Litigation Index. A decline in foreclosure-related actions was offset by an increase in other categories.

There were 227 mortgage-related cases tracked that had some activity in Q1.

While the count was little changed from Q4 2012, activity remained elevated based on historical data

A year earlier, 216 cases were tracked.

Total Activity
Period Q1 2013 Q4 2012 Q1 2012
Total 227 223 216

The busiest category was foreclosures, though activity sank from the record set in Q1.

An accompanying white paper from Ballard Spahr LLP indicated that foreclosure case count was in line with foreclosure filings during the period. As a result, the number of foreclosure-related claims filed is normalizing and the number of related claims has decreased significantly, the white paper stated.

Biggest Categories
Foreclosure 74
Servicing 66
MBS 51
Criminal 36
Title 35

Cases involving modifications saw a big drop-off, which the white paper attributed to, among other things, reduced foreclosure activity.

"Failed loan modification efforts continue to be a frustration for consumers and we not only expect to see the number of consumer advanced loan modification claims rise, but also anticipate regulatory involvement and enforcement actions," the paper stated.

In addition to MBS litigation, categories to see increased activity included regulation, commercial mortgages and investor.

The white paper indicates that consumer-advanced claims dominated first-quarter activity, suggesting that the phenomena that led to the surge in consumer litigation in the past few years -- including a record high 264 mortgage-related claims in 2012 -- will continue.

"Thus, while we anticipate a shift in the types of actions pursued resulting in a normalization of previously hot litigation areas, we predict a continued dominance of consumer-advanced claims and a volume of claims similar to 2012," Ballard Spahr partner Martin C. Bryce, Jr., wrote in the white paper.

Full report including white paper, category tables by quarter and full story at:

Media request complimentary report from

Mortgage Litigation news:

About Mortgage Daily
Founded in 1998 by 20-year mortgage industry veteran Sam Garcia, Mortgage Daily is a leading online source of mortgage news and mortgage statistics for the mortgage industry. Visit Mortgage Daily at

Holly Himelright

Source: Mortgage Daily

First Quarter 2013 Mortgage Litigation Index 227

subscribe for instant access to full Q1 2013 report plus all prior data

Financial Regulation News | Mortgage Regulations
Bank and mortgage regulators, regulations and regulatory actions. Coverage of regulatory legislation and testimony.
Mortgage Employment News | Employment Index | Employment Statistics
Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.

Servicing News | Servicer Ranking | Delinquency Statistics
Stories about mortgage servicers, delinquency and f o r e c l o s u r e s. Coverage of servicing lawsuits and loan servicing technology.

Mortgage Compliance News | Mortgage Compliance Newsletter | Mortgage Regulations
News about complying with mortgage laws, rules and regulations.

Logout forgot
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

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


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

sales blog

secondary marketing

social media

servicing news

subprime news

wholesale lenders

wireless mortgage news