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Mortgage Lawsuits News | Mortgage Litigation Index
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Secondary Marketing Lawsuits
Second Quarter 2008 Mortgage Litigation Report

main report page

Cases related to secondary marketing, warehouse lending and repurchases.

Case Title
Case Number
Date Filed Link to Story
Lehman Brothers, Inc. American Home Mortgage Investment Corp. U.S. Bankruptcy Court for the District of Delaware na A bankruptcy judge recently ruled that an investment banking firm acted properly when it foreclosed on lower-rated subordinated notes that were part of a repurchase transaction where the principal filed for bankruptcy. American Home Mortgage Investment Corp. v. Lehman Brothers, Inc., In re Am. Home Mortg. Holdings, Inc. No. 07-11047, Adv. Proc. No. 07-51739, 2008 WL 2156323 May 23, 2008 www.mortgagedaily.com/LawsuitAmericanHomeLehman062308.asp
National City Mortgage Inc. U.S. na $4,600,000 National City Mortgage Inc. has settled allegations that it certified delinquent government-insured mortgages were current. U.S. V. National City Mortgage, Inc. na na www.mortgagedaily.com/NationalCityHudSettlement052208.asp
WMC Mortgage Co. and GE Money Bank PMI Mortgage Insurance Co. and PMI Guaranty Co. Los Angeles Superior Court na A lawsuit has been filed against a failed subprime lender and its parent by a major mortgage insurance company, seeking the repurchase of defective loans, as well as contract, tort, and punitive damages. PMI Mortgage Insurance Co. v. WMC Mortgage Co. BC381972 na www.mortgagedaily.com/LawsuitPmiWmc062608.asp

Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.

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