Mortgage Daily

Published On: February 11, 2008
Suitability Lawsuits
2007 Mortgage Litigation Report

main report page

Lawsuits about mortgage company liability in determining suitability of loans for borrowers.
Defendant
Plaintiff
Court
Amount
Overview
Case Title
“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 .

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