Mortgage Daily

Published On: August 24, 2009
Mortgage Servicing Lawsuits
Second Quarter 2009 Mortgage Litigation Report

Litigation related to loan servicing, including escrow issues, transfer of servicing and servicing borrowers in bankruptcy and foreclosure.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Ameriquest Mortgage Co. and AMC Mortgage Services Inc. Rosemary A. Gilroy U.S. District Court for the District of New Hampshire $937,000 Suit alleges that defendants engaged in predatory lending activities. Rosemary A. Gilroy v. Ameriquest Mortgage Company and AMC Mortgage Services, Inc. No. 1:07-CV-00074-JD 15-Mar-2007 www.mortgagedaily.com/LawsuitAmeriquest061909.asp
Ameriquest Mortgage Co. n.a. U.S. District Court for the District of Massachusetts $625,000 Judges suggested attorneys for Ameriquest committed “egregious misrepresentations” and are “scrambling to pass the blame on to others.” IN RE: JACALYN S. NOSEK, Debtor, AMERIQUEST MORTGAGE CO.; ABLITT & CHARLTON, P.C.; BUCHALTER NEMER, A PROFESSIONAL CORPORATION; WELLS FARGO BANK, N.A.; and WELLS FARGO BANK, N.A. AS TRUSTEE FOR AMRESCO RESIDENTIAL SECURITIES CORP. MORTGAGE LOAN TRUST, SERIES1988-2, Appellants, v. UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF MASSACHUSETTS and JACALYN S. NOSEK, Potentially Interested Parties CIVIL ACTION NO. 08-40095-WGY 26-May-2009 www.mortgagedaily.com/Lawsuits061109.asp
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