|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Countrywide Financial Corp., et al |
Republic Mortgage Insurance Company, et al |
Appellate Division of the Supreme Court of New York, First Department |
na |
Appeals court found that the Supreme Court was correct in its decision that an arbitration provision on five mortgage insurance policies issued by the plaintiff to the defendant enabled the insureds to initiate arbitration regardless of which party filed the litigation first. |
REPUBLIC MORTGAGE INSURANCE COMPANY, ET AL., Plaintiffs-Appellants, v. COUNTRYWIDE FINANCIAL CORPORATION, ET AL., Defendants-Respondents |
4819, 603915/09 |
na |
na |
www.mortgagedaily.com/LitigationMI122911.asp |
| Mortgage Guaranty Insurance Corp. |
Countrywide Home Loans Inc. |
U.S. Court of Appeals, Ninth Circuit |
na |
Defendant filed an appeal with the U.S. Court of Appeals, Ninth Circuit, which remanded the case back to federal court. |
COUNTRYWIDE HOME LOANS, INC.; BAC HOME LOANS SERVICING, LP, Plaintiffs-Appellees., v. MORTGAGE GUARANTY INSURANCE CORPORATION, Defendant-Appellant |
10-15996 |
na |
na |
www.mortgagedaily.com/LitigationMI122911.asp |
| Old Republic Insurance Co. |
Bank of America, N.A. |
U.S. District Court for the Western District of North Carolina |
na |
The complaint alleges that the mortgage insurer has denied hundreds of millions of dollars in valid mortgage insurance claims “based on unreasonable interpretations of the language contained in the standard mortgage insurance policy.” Several motions to continue filed. |
Bank of America, N.A., a national banking association, Plaintiff, vs. Old Republic Insurance Co., a Pennsylvania corporation, Defendants |
3:10-cv-553 |
11/3/2010 |
Dec. 2011 |
www.mortgagedaily.com/LitigationMI122911.asp |
| United Guaranty Residential Insurance Company of North Carolina |
SunTrust Mortgage Inc. |
U.S. District Court, Eastern District of Virginia |
$45,400,000 |
Defendant seeks to reverse a court ruling that it owes plaintiff $45.4 million for insured losses related to mortgage defaults |
SunTrust Mortgage Inc. v. United Guaranty Residential Insurance Company of North Carolina |
09-00529 |
na |
na |
www.mortgagedaily.com/LitigationMI122911.asp |
| Arizona Department of Insurance |
The PMI Group Inc. |
Arizona Superior Court, Maricopa County |
na |
PMI seeks reversal of seizure by Arizona Department of Insurance. |
State of Arizona v. PMI Mortgage Insurance Co. |
CV2011-018944 |
na |
10/28/2011 |
www.mortgagedaily.com/Closings111111.asp |
| na |
The PMI Group Inc. |
U.S. Bankruptcy Court for the District of Delaware |
$737,000,000 |
Voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code filed. |
na |
na |
11/23/2011 |
na |
www.mortgagedaily.com/BankruptcyPmi112311.asp |
| Countrywide Financial Corp. |
na |
U.S. District Court for the Eastern District of Pennsylvania |
$34,000,000 |
Defendant won preliminary approval for settlement. Defendant allegedly limited its borrowers to a group of pre-selected mortgage insurance providers who then reinsured the policies with Countrywide affiliate Balboa Reinsurance Co. |
Alston v. Countrywide Financial Corp. |
07CV03508 |
na |
na |
www.mortgagedaily.com/LitigationMI122911.asp |
| JPMorgan Chase & Co., United Guaranty Residential Insurance Co., PMI Mortgage Insurance Co., Mortgage Guaranty Insurance Corp., Genworth Mortgage Insurance Corp., Republic Mortgage Insurance Co., Radian Guaranty Inc. and Triad Guaranty Insurance Corp. |
Attorney Daniel Germain on behalf of JPMorgan customers |
na |
na |
Plaintiff alleges Chase earned millions of dollars in illegal premium splits on mortgage insurance through its affiliate Cross Country |
na |
na |
na |
na |
www.mortgagedaily.com/LitigationMI122911.asp |
| Old Republic Insurance Co. |
Federal Deposit Insurance Corp. on behalf of AmTrust Bank |
U.S. District Court for the Northern District of Ohio |
$46,000,000 |
Several motions filed |
Federal Deposit Insurance Corporation, as Receiver of AmTrust Bank v. Old Republic Insurance Company |
1:11-cv-00371-JG |
2/11/2011 |
Nov. 2011 |
www.mortgagedaily.com/LitigationMI122911.asp |
