Yield Spread Premium Lawsuits
Third Quarter 2009 Mortgage Litigation ReportLitigation centered around yield spread premiums and YSP disclosures.
Third Quarter 2009 Mortgage Litigation ReportLitigation centered around yield spread premiums and YSP disclosures.
|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed | Link to Story |
| Steve Preston, U.S. Department of Housing and Urban Development | National Association of Mortgage Brokers, Inc. | District Of Columbia District Court | n/a | NAMB alleged that HUD was subject to and violated the Administrative Procedures Act. The district judge ruled in favor of HUD finding the defendant did not act in an “arbitrary and capricious” manner as alleged in the complaint and that HUD did not violate the Administrative Procedures Act. | National Association Of Mortgage Brokers, Inc. v. Preston | No. 1:2008cv02208 | December, 2008 | http://www.mortgagedaily.com/LawsuitRespa073109 |
