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Credit Lawsuits First Quarter 2008 Mortgage Litigation Report

Mortgage Daily

Published On: April 21, 2008
Credit Lawsuits
First Quarter 2008 Mortgage Litigation Report
Litigation based on credit reporting and other credit issues.
Defendant
Plaintiff
Court
Amount
Overview
Case Title
Fieldstone Mortgage
U.S. District Court for the District of Maryland
na
Maryland district court rules that insurer was required to defend lender against alleged violations of the Fair Credit Reporting Act.
Zurich v. American Insurance Company
Mark S. Blythe
Orange County, Fla., Circuit Court
$80,000
Acquisition by Fifth Third Bank last year leaves thousands of borrowers with errors on their credit reports and at least one borrower sues over allegations that a more than 150 point drop in his credit score cost him at least $80,000.
na
Barbara Dwulet
Federal Reserve Bank of Cleveland
na
Fifth Bank customer files complaint for erroneous credit reporting, including false late payments and some accounts customer did not recognize.
na

 

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