Suitability Lawsuits
2007 Mortgage Litigation Report main report page |
Lawsuits about mortgage company liability in determining suitability of loans for borrowers. |
Defendant
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Plaintiff
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Overview
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Case Title
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“PHH Mortgage Corp., First National Bank of Long Island, Countrywide Home Loans Inc., Homecomings Financial LLC, Washington Mutual Inc., IndyMac Bank, et al. | Jacob Zamansky, principal of Zamansky & Associates | Supreme Court of the State of New York, County of Nassau | . | Elderly borrowers claiming to be victims of Ponzi scheme and in danger of losing their homes file suit seeking the cancellation of their loans | . |