HELOC Lawsuits Fourth-Quarter 2011 Mortgage Litigation Index

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MORTGAGE EXPERT
4 · 09 · 12
Litigation tied to home-equity lines-of-credit.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Date of Activity Link to Story
Creig Northrop Team, Long & Foster, Prosperity Mortgage Co. Frank Larocca, Catherine Larocca, Mehdi Nafisi, Forough Iranpour, Kenneth Pfeifer, Angela Pfeifer  na na Proposed class action alleges defendants created false documents in order to get clients to buy new homes without first selling their old ones and collect more fees and commissions. na na 12/9/11 na www.mortgagedaily.com/MctLawsuitProsperity122011.asp
PNC Bank, NA Ellen S. Essig U.S. District Court for the Western District of Pennsylvania na Plaintiff alleges that defendant has been overcharging for subordination fees on home-equity lines of credit. Defendant denies claims in answer. ELLEN S. ESSIG, Individually and On Behalf Of All Others Similarly Situated, Plaintiff, vs. PNC BANK, NA, a wholly-owned subsidiary of PNC FINANCIAL SERVICES GROUP, INC, Defendant 2:10-cv-1738-WLS 12/23/2010 Jul. 2011 www.mortgagedaily.com/LitigationFees101211.asp

 

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