Mortgage Daily Logo
mortgage news from industry experts

Mortgage Fee Lawsuits First-Quarter 2013 Mortgage Litigation Index

Mortgage Fee Lawsuits

First-Quarter 2013 Mortgage Litigation Index

Lawsuits involving excessive fees, servicing fees and loan fees beyond state maximums.

 

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Date of Activity Link to Story
Fannie Mae, Freddie Mac Bristol County Soolk County Court na Complaint filed. Bristol County v. Fannie Mae, Freddie Mac na 3/29/2013 3/29/2013 oldmortgagedaily.com/LitigationFees042513.asp
Federal National Mortgage Corp. Montgomery County, Maryland U.S. District Court, District of Maryland, Greenbelt na Motion for summary judgment filed. Montgomery County, Maryland v. Federal National Mortgage Corp. 8:2013-cv-00066 na 3/1/2013 oldmortgagedaily.com/LitigationFees042513.asp
Freddie Mac, Fannie Mae Erie County U.S. District Court for the Western District of New York $2,000,000 Complaint filed. Erie County v. Freddie Mac, Fannie Mae 2013-cv-00284 3/20/2013 3/20/2013 oldmortgagedaily.com/LitigationFees042513.asp
MERSCORP Holdings Inc. County of Ramsey, County of Hennepin U.S. District Court, United States District of Minnesota na Complaint filed. County of Ramsey, County of Hennepin v. MERSCORP Holdings Inc. 0:2013-cv-00074 2/27/2013 2/27/2013 oldmortgagedaily.com/LitigationFees042513.asp
MERSCORP, Inc. Union County Illinois U.S. District Court for the Southern District of Illinois na Dismissed. Union County Illinois v. MERSCORP, Inc. 12-cv-00665 na 1/30/2013 oldmortgagedaily.com/LitigationFees042513.asp
Mortgage Electronic Registration Systems, Inc.; MERSCORP, Inc.; Bank of America, N.A. ; CCO Mortgage Corporation; Chase Home Mortgage Corporation; CitiMortgage, Inc.; Corinthian Mortgage Corporation; Everhome Mortgage Company; GMAC Residential Funding Corporation; Guaranty Bank; HSBC Finance Corporation; Merrill Lynch Credit Corporation; Nationwide Advantage Mortgage Company; SunTrust Mortgage, Inc.; JP Mortgage Chase & Co.; Wells Fargo Bank, N.A.; WMC Mortgage Corp. Christian County Clerk, by and through its
County Clerk, Michael Kem; Washington County Clerk, by and through its County Clerk,
Glenn Black; All others similarly situated
U.S. Court of Appeals for the Sixth Circuit  na Affirmed district court dismissal. Christian County Clerk, et al v. Mortgage Electronic Registration, et al 12-5237 na 2/15/2013 oldmortgagedaily.com/FeeLawsuits1q2013.asp
Fannie Mae, Freddie Mac City of Spokane U.S. Distict Court for the Eastern District of Washington $4,000,000 Complaing filed. na na Jan. 2013 Jan. 2013 oldmortgagedaily.com/MctLawsuitGseFees011113.asp
MERS Kentucky AG Conway Commonwealth of Kentucky, Franklin Circuit Court na Complaint filed. Kentucky AG Conway v. MERS 13-CI-00060 Jan. 1/23/2013 oldmortgagedaily.com/LitigationFees042513.asp
MERSCORP, Inc., n/k/a MERSCORP Holdings, Inc., et al Jackson County, Missouri, by and through W. Stephen Nixon, Jackson County Counselor U.S. District Court for the Western District of Missouri, Western Division na Defendants’ Motion to Dismiss is granted. Jackson County, Missouri, by and through W. Stephen Nixon, Jackson County Counselor, Plaintiff, vs. MERSCORP, Inc., n/k/a MERSCORP Holdings, Inc., et al., Defendants 12-0665-CV-W-ODS na 1/14/2013 oldmortgagedaily.com/FeeLawsuits1q2013.asp
MERSCORP, Inc.; Mortgage Electronic Registration Systems, Inc.; JP Morgan Chase Bank, N.A.; Bank of America Corporation; Bank of America, N.A.; RBS Citizens, N.A.; RBS Securities, Inc.; Citigroup, Inc.; CitiMortgage, Inc.; CitiBank, Inc., N.A.; Deutsche Bank National Trust Company; Everbank; GMAC Mortgage, LLC; HSBC Bank USA, N.A.; Keybank National Association; Nationwide Advantage Mortgage Corporation; SunTrust Mortgage, Inc.; U.S. Bank National Association; Wells Fargo Bank, N.A.; and Defendants DOE Corporations 1 – 100, Defendants Union County; State of illinois ex rel; Tyler Edmonds State’s Attorney for the County of Union; and Bobby Toler Clerk of the County of Union and on behalf of the County of Union, Illinois and all Counties in Illinois United States District Court for the Southern District of Illinois na The action was DISMISSED as to all Defendants except GMAC Mortgage, LLC, which did not move for dismissal and Judgment pursuant to Federal Rule of Civil Procedure 54(b) shall enter accordingly. Union County, Illinois; People of the State of illinois ex rel; Tyler Edmonds State’s Attorney for the County of Union; and Bobby Toler Clerk of the County of Union and on behalf of the County of Union, Illinois and all Counties in Illinois, Plaintiffs v. MERSCORP, Inc.; Mortgage Electronic Registration Systems, Inc.; JP Morgan Chase Bank, N.A.; Bank of America Corporation; Bank of America, N.A.; RBS Citizens, N.A.; RBS Securities, Inc.; Citigroup, Inc.; CitiMortgage, Inc.; CitiBank, Inc., N.A.; Deutsche Bank National Trust Company; Everbank; GMAC Mortgage, LLC; HSBC Bank USA, N.A.; Keybank National Association; Nationwide Advantage Mortgage Corporation; SunTrust Mortgage, Inc.; U.S. Bank National Association; Wells Fargo Bank, N.A.; and Defendants DOE Corporations 1 – 100, Defendants 3:12-cv-00665-GPM-SCW na 1/30/2013 oldmortgagedaily.com/FeeLawsuits1q2013.asp
Danny Lahave Bank Of America, N.A. Court of Appeals of California, Second District, Division One $377,439 Trial court decision in favor of plaintiff reversed on appeal. Bank Of America, N.A. v. Danny Lahave et al B237360 na 3/26/2013 oldmortgagedaily.com/LitigationFees042513.asp
Amerisave Sonoda U.S. District Court, California Northern District $3,100,000 Settlement approved. Sonoda v. Amerisave 11-CV-1803 na 2/28/2013 oldmortgagedaily.com/LitigationFees042513.asp
Kenneth J. Enrico United States of America U.S. District Court for the Northern District of Georgia $1,200,000 Arrainged. na na 2/19/2013 3/4/2013 oldmortgagedaily.com/LitigationCriminal040413.asp
COUNTRYWIDE BANK, N.A. GILLIAN MILLER U.S. Court of Appeals, Sixth Circuit; U.S. District Court for the Western District of Kentucky na Affirmed district court’s denial of class certification. Gillian Miller et al., Plaintiffs-Appellants, v. Countrywide Bank, N.A. et al., Defendants-Appellees 12-5250; 4862174, 3:08-md-1974, 708 F.3d 704 (2013) 10/13/2011 1/15/2013 oldmortgagedaily.com/DiscriminationLawsuits1q2013.asp

 

 

Popular posts

How Long Does It Take to Refinance a Mortgage
How Long Does It Take to Refinance a Mortgage

So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...

How Does Refinancing a Mortgage Work
How Does Refinancing a Mortgage Work

A home purchase is considered an investment, and a robust one at that. Savvy owners are constantly looking for new ways to reduce debt, save money, pay less in interest, and ultimately build equity. Refinancing is one way to leverage your investment and do just that....

What Does It Mean to Refinance Your Home
What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than just borrow it....

Setting up the Utilities in My New House
Setting up the Utilities in My New House

All the tedious, time-consuming home closing documents have been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as your boxes and...

When Is My First Mortgage Payment Due?
When Is My First Mortgage Payment Due?

Navigating your way through a brand new mortgage loan can be a difficult task, especially for first time homeowners. After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of your first mortgage...

Newsletter

Don’t worry, we don’t spam

calculate your monthly mortgage payment

Related Topics

Helpful Links

Daily mortgage rate trends

Best mortgage lenders

First-time homebuyers programs by state

Loan limits by state

Types of mortgages

APR vs interest rate

Understanding PMI

Related Posts

THE TRUSTED PROVIDER OF ACCURATE RATES AND FINANCIAL INFORMATION