|
Category
(click for journal) |
Description
|
# of Cases
|
| Advertising | Lawsuits about mortgage advertising, bait and switch ads, deceptive ads and do-not-call violations. |
1
|
| Bankruptcy | Legal issues surrounding borrowers who file for bankruptcy, including servicing bankrupt borrowers. |
8
|
| Credit | Litigation based on credit reporting and other credit issues. |
3
|
| Discrimination | Class actions and suits related to lending discrimination involving minorities, neighborhoods and property types. |
2
|
| Down Payment Assistance | Cases about the legality of DPA programs and HUD’s ability to prohibit them. |
1
|
| Employment | Employment lawsuits involving overtime, employment discrimination and employment contracts. Whistleblowers and WARN notice violations cases also. |
6
|
| Fees | Lawsuits involving excessive fees, servicing fees and loan fees beyond state maximums. |
2
|
| Foreclosures | Servicer-related litigation, foreclosure lawsuits and cases against foreclosure rescue services. |
9
|
| Fraud | Cases involving mortgage fraud, flipping, identity theft and inflated appraisals. |
3
|
| Investor | Shareholder lawsuits and class actions accusing companies of inflating earnings, overstating capital position or otherwise deceiving investors in the company. Other shareholder issues. |
9
|
| Licenses | Regulator lawsuits against improperly licensed and unlicensed mortgage companies. |
1
|
| Net Branch | Litigation involving net branch operations. |
1
|
| RESPA | Litigation involving alleged violations of the Real Estate Settlement Procedures Act. |
1
|
| Secondary Marketing | Cases related to secondary marketing, warehouse lending and repurchases. |
9
|
| Servicing | Litigation related to loan servicing, including escrow issues, transfer of servicing and servicing borrowers in bankruptcy and foreclosure. |
6
|
| Technology | Lending technology issues litigated. |
1
|
