|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| PACIFIC FUNDING GROUP, INC., et al. |
CALIFORNIA BANK & TRUST |
COURT OF APPEAL OF THE STATE OF CALIFORNIA
SECOND APPELLATE DISTRICT
DIVISION EIGHT; Los Angeles County Court |
$3,025,960 |
Trial court’s judgment in favor of defendant affirmed. |
California Bank & Trust v. Pacific Funding |
B237336, LC089629 |
5/4/2010 |
12/19/2012 |
www.mortgagedaily.com/SecondaryMarketingLawsuits4q2012.asp |
| 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. |
BANK OF AMERICA, N. A., As Indenture Trustee, Custodian, and Collateral Agent for OCALA FUNDING, LLC, Plaintiff and Counterclaim Defendant |
United States District Court for the District of Columbia |
$1,700,000,000 |
Both parties moved to dismiss. Court granted and denied both motions in part. |
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) |
na |
12/10/2012 |
www.mortgagedaily.com/BankruptcyCorporateLawsuits4q2012.asp |
| Robert Fulton Rood IV |
na |
na |
$9,574,853 |
Guilty plea. |
na |
na |
na |
10/23/2012 |
www.mortgagedaily.com/LitigationCriminalInvestors112012.asp |
| Scott N. Powers, David E. McMaster |
United States of America |
U.S. District Court for the District of North Dakota |
$28,564,470 |
Guilty pleas in American Mortgage Specialists Inc. case. |
na |
na |
10/2/2012 |
10/19/2012 |
www.mortgagedaily.com/AmericanMortgageSpecialistPlea102212.asp |
| Lauretta Horton, David Kaufman |
United States of America |
U.S. District Court for the District of North Dakota |
$27,000,000 |
Defendants plead guilty. |
na |
na |
na |
11/30/2012 |
www.mortgagedaily.com/CriminalActions4q2012.asp |
| Bank of America Corporation, successor to Countrywide Financial Corporation, Countrywide Home Loans, Inc., and Full Spectrum Lending |
United States of America ex rel. Edward O’Donnell |
U.S. District Court for the Southern District of New York |
$1,000,000,000 |
Complaint filed. |
United States of America ex rel. Edward O’Donnell, Plaintiff, v. Bank of America Corporation, successor to Countrywide Financial Corporation, Countrywide Home Loans, Inc., and Full Spectrum Lending, Defendants |
12 Civ. 1422 (JSR) |
10/24/2012 |
10/24/2012 |
www.mortgagedaily.com/LawsuitBoa102412.asp |
| GreenPoint Mortgage Funding Inc. |
CIFG Assurance North America Inc. |
Supreme Court of the State of New York County of New York |
$58,000,000 |
Complaint filed. |
CIFG Assurance North America Inc., Plaintiff, – against – GreenPoint Mortgage Funding, Inc., Defendant |
Index No. 653449/2012 |
10/1/2012 |
10/1/2012 |
www.mortgagedaily.com/LitigationMbs110712.asp, www.mortgagedaily.com/LitigationMbsGoldman110712.asp |
| HSBC Finance Corp. as Successor-in-Interest to Decision One |
Federal Housing Finance Agency |
U.S. District Court for the Southern District of New York |
na |
Case closed. Case had been removed to federal court on 10/19/12. |
Federal Housing Finance Agency v. HSBC Finance Corp. as Successor-in-Interest to Decision One |
12-cv-7809 |
9/26/2009 |
12/5/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| MERRILL LYNCH MORTGAGE LENDING, INC., MERRILL LYNCH MORTGAGE INVESTORS, INC., BANK OF AMERICA, NATIONAL ASSOCIATION |
MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM4, MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM5 |
Supreme Court of the State of New York County of New York |
$1,100,000,000 |
Complaint filed. |
MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM4, MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2006-RM5, Plaintiffs, -against- MERRILL LYNCH MORTGAGE LENDING, INC., MERRILL LYNCH MORTGAGE INVESTORS, INC., BANK OF AMERICA, NATIONAL ASSOCIATION, Defendants |
Index No. 654403/2012 |
12/18/2013 |
12/18/2013 |
www.mortgagedaily.com/LitigationMbsBoa011313.asp |
| WMC Mortgage Corp. |
U.S. Bank, N.A. |
U.S. District Court for the District of Minnesota |
na |
Motion to dismiss granted. |
MASTR Asset Backed Securities Trust 2006-HE3 v. WMC Mortgage Corporation |
11-2542, 2012 WL 4511065 |
Sep. 2011 |
10/1/2012 |
www.mortgagedaily.com/LitigationMbs011313.asp |
| Stephen L. Howell, Security Financial Services, Inc., Security Financial Fund, LLC and Security Investors Fund, LLC |
Idaho Department of Finance |
First District Court in Benewah County |
$24,000,000 |
Complaint filed. |
na |
na |
12/26/2012 |
12/26/2012 |
www.mortgagedaily.com/InvestorLawsuits4q2012.asp |
| Stephen L. Howell, Security Financial Services, Inc., Security Financial Fund, LLC and Security Investors Fund, LLC |
Idaho Department of Finance |
First District Court in Benewah County |
$24,000,000 |
Complaint filed. |
na |
na |
12/26/2012 |
12/26/2012 |
www.mortgagedaily.com/InvestorLawsuits4q2012.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 |
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 |
10/16/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Old Second National Bank |
SunTrust Mortgage, Inc. |
United States District Court, E.D. Virginia, Richmond Division |
na |
Case closed. |
SunTrust Mortgage, Inc. v. Old Second National Bank |
3:12cv99-JAG |
2/9/2012 |
11/1/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
| Allied Mortgage Group, Inc. |
CitiMortgage, Inc. |
U.S. District Court, E.D. Missouri, Eastern Division |
na |
Case closed. |
CitiMortgage, Inc. V. Allied Mortgage Group, Inc. |
4:10CV01863 JAR |
5/1/2012 |
10/24/2012 |
www.mortgagedaily.com/LitigationRepurchases021113.asp |
