|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Federal Deposit Insurance Corporation |
Bank Of America, N. A. |
U.S. District Court, District of Columbia |
na |
Motion filed by plaintiff asking for clarification of the court’s Dec. 10, 2012. |
BANK OF AMERICA, N. A., As Indenture Trustee, Custodian, and Collateral Agent for OCALA FUNDING, LLC, Plaintiff and Counterclaim Defendant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as the Receiver for COLONIAL BANK, and in its capacity as the Receiver for PLATINUM COMMUNITY BANK, Defendant and Counterclaim Plaintiff. |
10-CV-1681 (BJR) |
10/1/2010 |
2/5/2013 |
www.mortgagedaily.com/LitigationBkCorp021813.asp |
| COUNTRYWIDE FINANCIAL CORP.; COUNTRYWIDE HOME LOANS INC.; COUNTRYWIDE BANK, FSB; BANK OF AMERICA CORP.; BANK OF AMERICA, N.A.; REBECCA MAIRONE |
United States of America |
U.S. District Court for the Southern District of New York |
|
Mairone requests to be dismissed from lawsuit. |
UNITED STATES OF AMERICA, Plaintiff, v. COUNTRYWIDE FINANCIAL CORPORATION; COUNTRYWIDE HOME LOANS, INC.; COUNTRYWIDE BANK, FSB; BANK OF AMERICA CORPORATION; BANK OF AMERICA, N.A.; and REBECCA MAIRONE, Defendants. |
12 Civ. 1422 (JSR) |
na |
2/28/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
| Thomas Kontogiannis, Chicago Title Insurance Company, Inc. |
DLJ Mortgage Capital, Inc. |
Appellate Division of the Supreme Court of New York, First Department |
na |
Plaintiff’s allegations dismissed. |
DLJ Mortgage Capital, Inc., Respondent, v. Thomas Kontogiannis et al., Defendants, and Chicago Title Insurance Company, Inc., et al., Appellants |
9007, 104675/10 |
na |
1/15/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
| American Home Mortgage Servicing Inc. |
Sand Canyon Corp. |
New York State Supreme Court, Manhattan |
na |
Proceedings stayed. |
Sand Canyon Corp. v. American Home Mortgage Servicing Inc. |
650504/2012 |
2/22/2012 |
1/17/2013 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Bank of America Corp. |
Fannie Mae |
na |
$10,300,000,000 |
Settlement reached on repurchases. |
na |
na |
na |
1/7/2013 |
www.mortgagedaily.com/BoaRepurchase010713.asp |
| Nationstar Mortgage Holdings Inc. |
KIRP LLC |
New York State Supreme Court (Manhattan) |
na |
Complaint filed, temporary restraining order issued halting loan sales. |
KIRP LLC v. Nationstar Mortgage LLC |
650794- 2013 |
3/7/2013 |
3/7/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
| RBS Securities Inc. |
CUNA Mutual Group |
U.S. District Court for the Western District of Wisconsin |
$72,000,000 |
Motion for order requiring repurchase was filed. |
na |
na |
na |
3/7/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
| Walter J. Ng, Kelly W. Ng, Bruce A. Horwitz, The Mortgage Fund |
Securities and Exchange Commission |
U.S. District Court for the Northern District of California |
$39,000,000 |
Complaint filed. |
Securities and Exchange Commission v. Walter Ng, Kelly Ng, Bruce Horwitz, and The Mortgage Fund, LLC |
C-13 0895-NCÂ |
2/28/2013 |
2/28/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
| Countrywide Home Loans, Inc. d/b/a Bank of America Home Loans, Bank of America Corporation, Bank of America, N.A. |
Washington Federal |
U.S. District Court Western District of Washington at Seattle |
$400,000,000 |
Amended complaint filed. |
Washington Federal v. Countrywide Home Loans, Inc. d/b/a Bank of America Home Loans, Bank of America Corporation, Bank of America, N.A. |
2:12-cv-01820 |
10/16/2012 |
1/31/2013 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Mason-Dixon Funding |
CitiMortgage, Inc. |
U.S. District Court, E.D. Missouri, Eastern Division |
na |
Final pretrial conference. |
CitiMortgage, Inc. v. Mason-Dixon Funding |
4:09cv1997 TCM |
6/26/2009 |
2/13/2013 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Terrace Mortgage Company |
Residential Funding Company, LLC |
U.S. District Court, D. Minnesota |
na |
Motion to certify judgment granted. |
Residential Funding Company, LLC., v. Terrace Mortgage Company |
09-3455 (SRN/AJB) |
12/24/2009 |
1/22/2013 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Allied Mortgage Group, Inc. |
CitiMortgage, Inc. |
U.S. District Court, E.D. Missouri, Eastern Division |
na |
Satisfaction of judgment entered. |
CitiMortgage, Inc. V. Allied Mortgage Group, Inc. |
4:10CV01863 JAR |
5/1/2012 |
1/15/2013 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| CREDIT SUISSE SECURITIES (USA) LLC |
MBIA INSURANCE CORP. |
Appellate Division of the Supreme Court of New York, First Department |
|
Decision in favor of defendant denied on appeal. |
MBIA INSURANCE CORPORATION, Appellant, v. CREDIT SUISSE SECURITIES (USA) LLC et al., Respondents |
9258N, 603751/09, 9258NA, 103 A.D.3d 486 (2013), 960 N.Y.S.2d 25, 2013 NY Slip Op 1011 |
na |
2/14/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
| Flagstar Bank, FSB; Flagstar Capital Markets Corporation; and Flagstar ABS, LLC |
Assured Guaranty Municipal Corp., f/k/a Financial Security Assurance Inc. |
U.S. District Court for the Southern District of New York |
$90,100,000 |
Judgment in favor of plaintiff. |
Assured Guaranty Municipal Corp., f/k/a Financial Security Assurance Inc., Plaintiff, vs. Flagstar Bank, FSB; Flagstar Capital Markets Corporation; and Flagstar ABS, LLC, Defendants |
11–CIV–2375 (JSR) |
4/7/2011 |
2/5/2013 |
www.mortgagedaily.com/LawsuitFlagstar020613.asp |
| FEDERAL DEPOSIT INSURANCE CORPORATION |
MBIA INSURANCE CORPORATION |
U.S. Court of Appeals, District of Columbia Circuit |
na |
Lower court decision in favor of defendant upheld on appeal. |
MBIA INSURANCE CORPORATION, Appellant v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity and as conservator and receiver of IndyMac Federal Bank, F.S.B., Appellee |
11-5317; 708 F.3d 234 (2013) |
na |
3/8/2013 |
www.mortgagedaily.com/SecondaryMarketingLawsuits1q2013.asp |
