|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed | Link to Story |
| First Horizon Home Loan Corp. | David C. McLean, et al. | Missouri Court of Appeals Western District | $2,000,000 | The court ruled in favor of borrowers in an appeal on a judgment that granted First Horizon a Motion for Court Interpretation of Settlement Agreement and Enforcement of Judgment. | McLean v. First Horizon Home Loan Corp. | WD69505 (69529) | Mar. 10, 2009 | www.mortgagedaily.com/AppealFirstHorizon031909.asp |
| Good Life Funding | Federal Trade Commission | na | na | Ads were allegedly not compliant with Truth-in-Lending Act requirements that go into effect later this year. | In the Matter of American Nationwide Mortgage Company, Inc. | FTC File No: 072 3168 | na | www.mortgagedaily.com/WbskFtcAds011609.asp |
| Shiva Venture Group dba Innova Financial Group | Federal Trade Commission | na | na | Ads were allegedly not compliant with Truth-in-Lending Act requirements that go into effect later this year. | In the Matter of Shiva Venture Group. Inc. dba Innova Financial Group | FTC File No: 082 3032 | na | www.mortgagedaily.com/WbskFtcAds011609.asp |
| American Nationwide Mortgage Co. | Federal Trade Commission | na | na | Ads were allegedly not compliant with Truth-in-Lending Act requirements that go into effect later this year. | In the Matter of Michael Gendrolis, dba Good Life Funding | FTC File No: 082 3034 | na | www.mortgagedaily.com/WbskFtcAds011609.asp |
| United Credit Adjusters, Inc., d/b/a United Credit Adjustors and UCA, United Counseling Association, Inc., d/b/a UCA, Bankruptcy Masters Corp., National Bankruptcy Services Corp., Federal Debt Solutions LTD., United Money Tree, Inc., Ahron E. Henoch, Ezra Rishty, Gerald Serino. | Federal Trade Commission | U.S. District Court for the District of New Jersey | na | Defendants allegedly violated the FTC Act and the Credit Repair Organizations Act by charging advance fees of between $300 and $2,000 to remove negative items from credit reports — including items that were accurate and current. | Federal Trade Commission v. United Credit Adjustors, Inc. | FTC File No. 082 3211 | Feb. 24, 2009 | www.mortgagedaily.com/CreditRepair031709.asp |
| Gregory Navone | Federal Trade Commission | U.S. District Court for the District of Nevada. | up to $2,500 per FCRA violation | Mortgage broker allegedly discarded hundreds of loan files with personal financial documents and private credit records in a public dumpster, in violation of the Fair Credit Reporting Act and the FTC Act. | FTC v. Navone | No. 2:08-cv-01842, FTC File No. 072 3067 | Dec. 30, 2008 | www.mortgagedaily.com/FtcPrivacyComplaint012309.asp |
| Countrywide Financial Corp., Countrywide Home Loans Inc., Countrywide Bank, ABC Corporations 1-10 and John Does 1-10 | Lead Plaintiff Michael Fourte and thousands class members indcluding U.S. service members who were called to active duty but denied a rate reduction by Countrywide | U.S. District Court for the District of New Jersey | In excess of $5 million | A class action lawsuit claims Countrywide Financial Corp. violated federal law after it didn’t lower the interest rate on a mortgage when the borrower was called to active duty. | Fourte v. Countrywide Financial Corp. | No. 2:07-cv-01363-PGS-ES | Mar. 25, 2007 | www.mortgagedaily.com/LawsuitCountrywide011309.asp |
| Home Loan Consultant, Inc., Lending Tree, et al. | Various | na | na | Lawsuit alleging violations of the Fair Credit Reporting Act still active. | Garcia v. LendingTree, LLC | No. 08-04551-JSR | na | www.mortgagedaily.com/ClosingHomeLoan032409.asp |
