Mortgage Advertising Lawsuits Fourth Quarter 2008 Mortgage Litigation Report

Mortgage News

Mortgage Daily Staff

                                                 March 9, 2009
Lawsuits about mortgage advertising, bait and switch ads, deceptive ads and do-not-call violations.

 

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Arbor Financial Inc. Colorado Attorney General John Suthers na na The mortgage broker settled allegations of deceptive advertising. na na na www.mortgagedaily.com/ColoradoAdvertising111808.asp
5280 Financial Group Colorado Attorney General John Suthers na na The mortgage broker settled allegations of deceptive advertising. na na na www.mortgagedaily.com/ColoradoAdvertising111808.asp
Mortgage Toolbox Colorado Attorney General John Suthers na na The mortgage broker settled allegations of deceptive advertising. na na na www.mortgagedaily.com/ColoradoAdvertising111808.asp
Tri-Point Realty Colorado Attorney General John Suthers na na The mortgage broker settled allegations of deceptive advertising. na na na www.mortgagedaily.com/ColoradoAdvertising111808.asp
Home Mortgage Solutions Colorado Attorney General John Suthers na na The mortgage broker settled allegations of deceptive advertising. It is also accused of inadequate prepayment penalty disclosures. na na na www.mortgagedaily.com/ColoradoAdvertising111808.asp
Linda Kay Campbell, Sharline Searle-Livingston, Ronnie Lee Esparza, Blanca M. Rivera, Ed Veronick Mortgage Loans Inc. Monterey County District Attorney Dean D. Flippo, Consumer Protection & Real Estate Fraud Unit Monterey County Superior Court na A California mortgage broker is accused by county prosecutors of originating loans through unlicensed loan officers. The mortgage broker is charged with fraudulent marketing and unlawful business practices na na na www.mortgagedaily.com/VeronickLicense121608.asp
Encore Lending LLC (and one of its owners, Paul Baker) Colorado Attorney General John Suthers na na The mortgage broker settled allegations of deceptive advertising and mortgage fraud. na na na www.mortgagedaily.com/ColoradoAdvertising111808.asp

 

Mortgage Daily Staff

Related Posts

Third-Quarter 2012 Mortgage Litigation Index

Lawsuits involving excessive fees, servicing fees and loan fees beyond state maximums. Defendant Plaintiff Court Amount Overview Case Title Case Number Date Filed Date of Activity Link to Story Fannie Mae and Freddie Mac Orangeburg County, Richland County, South...

Net Branch Lawsuits

Litigation involving net branch operations. Defendant Plaintiff Court Amount Overview Case Title Case Number Date Filed Date of Activity Link to Story PHH Mortgage Corp. Mathews Supreme Court of Virginia na Court held that the term "branch office" includes not only...

Whistleblower Lawsuits

Litigation related to loan servicing, including escrow issues, transfer of servicing and servicing borrowers in bankruptcy and foreclosure.   Defendant Plaintiff Court Amount Overview Case Title Case Number Date Filed Date of Activity Link to Story Bank of...

Mortgage Servicing Lawsuits

Litigation related to loan servicing, including escrow issues, transfer of servicing and servicing borrowers in bankruptcy and foreclosure. Defendant Plaintiff Court Amount Overview Case Title Case Number Date Filed Date of Activity Link to Story BAC Home Loan...

Popular posts

How Long Does It Take to Refinance a Mortgage
How Long Does It Take to Refinance a Mortgage

So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...

How Does Refinancing a Mortgage Work
How Does Refinancing a Mortgage Work

A home purchase is considered an investment, and a robust one at that. Savvy owners are constantly looking for new ways to reduce debt, save money, pay less in interest, and ultimately build equity. Refinancing is one way to leverage your investment and do just that....

What Does It Mean to Refinance Your Home
What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than just borrow it....

Setting up the Utilities in My New House
Setting up the Utilities in My New House

All the tedious, time-consuming paperwork has been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as your boxes and furniture need to...

When Is My First Mortgage Payment Due?
When Is My First Mortgage Payment Due?

Navigating your way through a brand-new mortgage loan can be a difficult task, especially for first-time homeowners.   After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of your first...

Newsletter

Don’t worry, we don’t spam