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Defendant
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Plaintiff
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Court
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Amount
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Overview
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Case Title |
Case Number
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Date Filed | Link to Story |
| Lehman Brothers, Inc. | American Home Mortgage Investment Corp. | U.S. Bankruptcy Court for the District of Delaware | na | A bankruptcy judge recently ruled that an investment banking firm acted properly when it foreclosed on lower-rated subordinated notes that were part of a repurchase transaction where the principal filed for bankruptcy. | American Home Mortgage Investment Corp. v. Lehman Brothers, Inc., In re Am. Home Mortg. Holdings, Inc. | No. 07-11047, Adv. Proc. No. 07-51739, 2008 WL 2156323 | May 23, 2008 | www.mortgagedaily.com/LawsuitAmericanHomeLehman062308.asp |
| National City Mortgage Inc. | U.S. | na | $4,600,000 | National City Mortgage Inc. has settled allegations that it certified delinquent government-insured mortgages were current. | U.S. V. National City Mortgage, Inc. | na | na | www.mortgagedaily.com/NationalCityHudSettlement052208.asp |
| WMC Mortgage Co. and GE Money Bank | PMI Mortgage Insurance Co. and PMI Guaranty Co. | Los Angeles Superior Court | na | A lawsuit has been filed against a failed subprime lender and its parent by a major mortgage insurance company, seeking the repurchase of defective loans, as well as contract, tort, and punitive damages. | PMI Mortgage Insurance Co. v. WMC Mortgage Co. | BC381972 | na | www.mortgagedaily.com/LawsuitPmiWmc062608.asp |
