|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Link to Story |
| All Line Appraisals |
Ohio Attorney General |
n.a. |
n.a. |
Default judgment. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/Lawsuits051209.asp |
| Apex Mortgage |
State of Ohio |
Belmont County Common Pleas Court |
$51,800 |
Firm allegedly try to coerce appraiser to reach pre-determined value by providing order form with value on in. Violation of Consumer Sales Practices Act alleged. |
Ohio v. Apex Mortgage |
No. 07-CV-261 |
10-Mar-2009 |
www.mortgagedaily.com/Lawsuits051209.asp |
| CFIC Direct |
State of Ohio |
Licking County Court of Common Pleas |
n/a |
Firm allegedly try to coerce appraiser to reach pre-determined value by providing order form with value on in. Violation of Consumer Sales Practices Act alleged. |
Ohio v. CFIC Direct |
No. 2007-CV-2174 |
n/a |
www.mortgagedaily.com/Lawsuits051209.asp |
| Countrywide Financial Corp., subsidiary LandSafe Appraisal Services and KB Home |
Abraham Nieto |
U.S. District Court |
n.a. |
Defendants allegedly conspired to sell borrower overpriced home. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/Lawsuits051209.asp |
| Federal Housing Finance Agency |
National Association of Mortgage Brokers |
U.S. District Court for the District of Columbia |
n.a. |
Lawsuit dismissed because regulator can’t be sued while GSEs in conservatorship. |
NATIONAL ASSOCIATION OF MORTGAGE BROKERS, INC., 7900 Westpark Drive, Suite T-309, McLean, VA 22102, Plaintiff, v. JAMES B. LOCKHART III, DIRECTOR OF THE FEDERAL HOUSING FINANCE AGENCY 1700 G Street, N.W., 4th Floor, Washington, D.C. 20552, Defendant |
n.a. |
February 2009 |
www.mortgagedaily.com/LawsuitNamb022409.asp |
| First Ohio Banc & Lending |
State of Ohio |
Belmont County Common Pleas Court |
n/a |
Firm allegedly try to coerce appraiser to reach pre-determined value by providing order form with value on in. Violation of Consumer Sales Practices Act alleged. |
Ohio v. First Ohio Banc & Lending |
No. 07-CV-259 |
n/a |
www.mortgagedaily.com/Lawsuits051209.asp |
| Frontier Appraisals LLC |
Ohio Attorney General |
|
$5,000 |
Firm allegedly try to coerce appraiser to reach pre-determined value by providing order form with value on in. Violation of Consumer Sales Practices Act alleged. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/Lawsuits051209.asp |
| Nations Lending Corp. |
State of Ohio |
Cuyahoga County Common Pleas Court |
n/a |
Firm allegedly try to coerce appraiser to reach pre-determined value by providing order form with value on in. Violation of Consumer Sales Practices Act alleged. |
State v. Nations Lending Group |
No. CV-07-644350 |
12-Dec-2007 |
www.mortgagedaily.com/Lawsuits051209.asp |
| Washington Mutual |
Michael Walsh |
n.a. |
n/a |
Class action suit brought to challenge use of allegedly flawed valuation models (i) to undervalue homes and (ii) as a pretext for credit limit reductions. |
n.a. |
n.a. |
n.a. |
www.mortgagedaily.com/LawsuitJpMorganHeloc062209.asp |
| Washington Mutual Bank, Henderson, Nevada, et al. |
Michell Kimball |
U.S. District Court, S.D. Cal. |
n/a |
Class action suit brought to challenge use of allegedly flawed valuation models (i) to undervalue homes and (ii) as a pretext for credit limit reductions. |
Kimball v. Washington Mutual Bank, Henderson, Nevada, et al. |
No. 3:09-CV-1261 |
10-Jun-2009 |
www.mortgagedaily.com/LawsuitJpMorganHeloc062209.asp |
| Wells Fargo Bank N.A. and Valuation Information Technology LLC |
Sound Appraisal and Savage Appraisal Services, Inc. |
U.S. District Court for the Northern District of California |
n/a |
Appraisers alleged violations of the Racketeering Influenced and Corrupt Oganizations Act because defendants allegedly blacklisted appraisers for refusing to fraudulently inflate their estimated values. |
Sound Appraisal and Savage Appraisal Services Inc., on behalf of themselves and all others similarly situated, Plaintiffs, vs. Wells Fargo Bank N.A. and Valuation Information Technology LLC dba Rels Valuation, Defendants. |
4:09-cv-01630-CW |
14-Apr-2009 |
www.mortgagedaily.com/LawsuitWellsAppraisers050809.asp |
