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Mortgage Industry Lawsuits


litigation news for mobile | Mortgage Litigation Index


Last Updated Monday, September 15, 2014 06:28 PM Central


Lender Penalized for Denying Loan on Indian Reservation Property
A residential lender that denied a Native American couple's loan request because their property is on an Indian reservation ended up settling with the couple.

Refinance Mortgage Leads Settlement
A company that generates refinance mortgage leads has settled charges that it misled loan prospects about the cost of the transactions.

HSBC Latest to Settle MBS Lawsuit With FHFA
Another settlement has been reached over the sale of shoddy private-label mortgage-backed securities to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp.

Maternity Discrimination Settlements Pile Up
Another home lender has agreed to resolve allegations that it discriminated against a borrower on maternity leave -- bringing to 14 the number of such settlements reached over the past three or so years.

Monthly Bankruptcy Filings Ease
July saw fewer bankruptcy filings than the prior month, while the year-over-year improvement was the best so far in 2014.

NY AG Litigating Redlining
New York's lawyer in chief has sued a bank in the state over alleged redlining and is warning that more such actions could follow.

Indictments Handed Down in Massive FHA Fraud Case
The owner of a mortgage company -- along with loan originators, other employees and real estate developers -- has been indicted in a huge case involving government-insured mortgages.

Town, County Lose Appeals Against GSEs
A federal appeals judge ruled in favor of the government-sponsored enterprises in separate lawsuits filed by municipalities in two different states.

Wells Fargo Mortgage Files Stolen
More than a thousand customer files stolen from a dozen Wells Fargo Home Mortgage offices were used to rip off the identities of Wells Fargo clients.

BofA Says GSEs Knew What They Were Buying
Bank of America Corp. says the government sponsored enterprises knew what they were getting from Countrywide Financial Corp. and wants a jury verdict that left it with a huge penalty thrown out.


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Financial Regulation News | Mortgage Regulations | Financial Regulation Newsletter
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Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.



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