Mortgage Daily

Published On: December 12, 2012

Mortgage Discrimination Lawsuits

Third-Quarter 2012 Mortgage Litigation Index

Class actions and lawsuits related to lending discrimination involving minorities, neighborhoods and property types.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Date of Activity Link to Story
Bank of America, N.A. United States of America U.S. District Court for the District of North Carolina  na Setllement reached. na na na 9/13/2012 www.mortgagedaily.com/SettlementBoa091412.asp
Luther Burbank Savings United States of America U.S. District Court for the Central District of California $2,000,000 Settlement reached. na na 9/12/2012 9/12/2012 www.mortgagedaily.com/SettlementDiscriminationWholesaler091212.asp
Option One Mortgage Corp. na U.S. District Court of Massachusetts na Class action de-certified in light of WalMart decision. Barrett, et al. v. Option One Mortgage Corp. et al 1:08-cv-10157-RWZ na 9/18/2012 www.mortgagedaily.com/LitigationDiscrimination100812.asp
Sand Canyon fka Option One Mortgage Corp. State of Massachusetts na $1,750,000 Settlement distribution made. na na na 8/24/2012 www.mortgagedaily.com/LitigationDiscrimination100812.asp
Wells Fargo Pennsylvania Human Relations Commission na na Settlement reached. na na 7/2/1905 7/12/2012 www.mortgagedaily.com/ClosingWellsFargoWholesale071212.asp
Wells Fargo & Co. State of Illinois Circuit Court of Cook County, Illinois, County Department, Chancery Division Settlement reached. Illinois v. Wells Fargo & Co. et al. 09CH26434 7/31/2009 7/12/2012 www.mortgagedaily.com/ClosingWellsFargoWholesale071212.asp
Wells Fargo Bank, N.A. Mayor and City Council of Baltimore U.S. District Court for the District of Maryland $7,500,000 Settlement reached. Mayor and City Council of Baltimore v. Wells Fargo Bank, N.A. 08-00062-BEL na 7/12/2012 www.mortgagedaily.com/ClosingWellsFargoWholesale071212.asp
Wells Fargo Bank, N.A. Ohio Civil Rights Commission U.S. District Court for the Northern District of Ohio na Status conference held. Ohio Civil Rights Commission v. Wells Fargo Bank, N.A. 1:11-cv-00623 3/25/2011 9/5/2012 www.mortgagedaily.com/LitigationDiscrimination100812.asp
Wells Fargo Bank, N.A. United States of America U.S. District Court for the District of Columbia $175,000,000 Settlement reached. United States of America, Plaintiff, v. Wells Fargo Bank, N.A., Defendant 1:12-cv-01150 7/12/2012 7/12/2012 www.mortgagedaily.com/ClosingWellsFargoWholesale071212.asp
Provident Funding Associates LP Jody L. Moore Pennsylvania Western District Court na Rule 26(f) report filed. Jody L. Moore v. Provident Funding Associates LP 2:2012-cv-00888 6/27/2012 9/18/2012 www.mortgagedaily.com/LitigationDiscrimination100812.asp
Wells Fargo Yovany Gonzalez Palm Beach County Circuit Court na Complaint filed. na na August August www.mortgagedaily.com/MctLawsuitWells081712.asp
GFI Mortgage Bankers United States of America U.S. District Court for the Southern District of New York $3,000,000 Settlement reached. United States of America, Plaintiff, -v.- GFI Mortgage Bankers Inc., Defendant 1:12-cv-02502-KBF 8/28/2012 www.mortgagedaily.com/SettlementGfiDiscrimination082812.asp
Land Home Financial Services Department of Housing and Urban Development na $20,000 Settlement reached. na na na 9/7/2012 www.mortgagedaily.com/SettlementMaternity090712.asp

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