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Net Branch Lawsuits Fourth-Quarter 2011 Mortgage Litigation Index

Mortgage Daily

Published On: April 9, 2012
Net Branch Lawsuits
Fourth-Quarter 2011 Mortgage Litigation Index
Litigation involving net branch operations.
Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
 Date Filed Date of Activity Link to Story
Allied Home Mortgage Corp., Allied Home Mortgage Capital Corp., Jim C. Hodge, and Jeanne L. Stell United States of America U.S. District Court for the Southern District of New York $1,197,000,000 Complaint filed based on HUD allegations tied to FHA lending. The lawsuit seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989. United States of America, Plaintiff-Intervenor, -against- Allied Home Mortgage Corp., Allied Home Mortgage Capital Corp., Jim C. Hodge, and Jeanne L. Stell; United States of America ex rel. Peter Belli, Plaintiff, -against- Allied Home Mortgage Capital Corporation, Defendant. 11 Civ. 05443 (VM) 11/1/2011 na www.mortgagedaily.com/LawsuitAlliedVsHud111511.asp, www.mortgagedaily.com/LawsuitAlliedHud110111.asp; www.mortgagedaily.com/LawsuitAlliedVsHud110711.asp
Shaun Donovan, Secretary, United States Department of Housing and Urban Development, and The United States Department of Housing and Urban Development Allied Home Mortgage Corp., Allied Home Mortgage Capital Corp., Jim C. Hodge, and Jeanne L. Stell U.S. District Court for the Southern District of Texas na Motion for a preliminary injunction preventing FHA suspension granted. Plaintiff successfully argued that the mortgagee that caused FHA losses was separate from the current operating entity and that its suspension would have consequences that can’t be reversed. Allied Home Mortgage Corp. and James C. Hodge, Plaintiffs, v. Shaun Donovan, Secretary, United States Department of Housing and Urban Development, and The United States Department of Housing and Urban Development, Defendants 4:11-cv-03864 11/2/2011 11/15/2011 www.mortgagedaily.com/LawsuitAlliedVsHud111511.asp, www.mortgagedaily.com/LawsuitAlliedVsHud110711.asp; www.mortgagedaily.com/LawsuitAlliedVsHud110811.asp

 

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