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Second-Quarter 2012 Mortgage Litigation Index

Mortgage Fee Lawsuits

Third-Quarter 2012 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 and Freddie Mac Orangeburg County, Richland County, South Carolina counties na na Orangeburg County joined lawsuit. na na na 9/8/2012 oldmortgagedaily.com/FeeLawsuits3q2012.asp
Fannie Mae, Freddie Mac, Federl Housing Finance Agency Campbell County, Tenn. U.S. District Court na Complaint filed. na na July July oldmortgagedaily.com/MctLawsuitGses071912.asp
Federal Home Loan Mortgage Corp. State of Ohio, County of Summit, c/o Russell Pry, Summit County Executive and Kristen Scalise, Summit County Fiscal Officer Summit County (Ohio) Court of Common Pleas $25,000 Complaint filed. State of Ohio, County of Summit, c/o Russell Pry, Summit County Executive and Kristen Scalise, Summit County Fiscal Officer v. Federal Home Loan Mortgage Corp. 12 27 3891 7/3/2012 7/3/2012 oldmortgagedaily.com/LitigationFees091012.asp
Federal Housing Finance Agency DeKalb County USDC – Northern District of Illinois na Winnebago County Recorder joins class action. DeKalb County v. Federal Housing Finance Agency, et al 12-cv-50227 6/21/2012 Q3 oldmortgagedaily.com/LitigationFees091012.asp
FHFA as conservator for Fannie Mae and Freddie Mac Board of Commissioners of Montgomery County, Ohio U.S. District Court for the Southern District of Ohio, Western Division na Defendants granted extension of time file answer. Board of Commissioners of Montgomery County, Ohio on behalf of all others similarly situated v. FHFA as conservator for Fannie Mae and Freddie Mac 3:12-cv-245 7/25/2012 7/25/2012 oldmortgagedaily.com/LitigationFees091012.asp
Freddie Mac, Fannie Mae Hennepin County, Stearns County, on behalf of all 87 Minnesota Counties U.S. District Court $10,000,000 Stearns County joins lawsuit. na na Aug. 2012 9/26/2012 oldmortgagedaily.com/MctLawsuitFreddie092612.aspoldmortgagedaily.com/MctLawsuitGsesHenepin082412.asp
MERS Clerk of the Circuit Court of Duval County, Florida 11th Circuit Court of Appeals na Plaintiff voluntarily dismissed appeal. Fuller v. MERS na na 9/5/2012 oldmortgagedaily.com/FeeLawsuits3q2012.asp
MERSCORP, Inc. Plymouth County, Iowa U.S. District Court for the Northern District of Iowa, Western Division na Case dismissed. Plymouth County, Iowa v. MERSCORP, Inc. et al. 12-4022-MWB na 8/21/2012 oldmortgagedaily.com/LitigationFees091012.asp
MORTGAGE ELECTRONIC REGISTRATION
SYSTEM, INC., et al.
MAYME BROWN, individually and
in her official capacity as circuit clerk of
Hot Spring County, Arkansas, and on behalf
of all circuit clerks in the State of Arkansas
U.S. District Court for the Western District of Arkansas na Defendant’s motion to dismiss granted. MAYME BROWN, individually and in her official capacity as circuit clerk of Hot Spring County, Arkansas, and on behalf of all circuit clerks in the State of Arkansas PLAINTIFFS VS. MORTGAGE ELECTRONIC REGISTRATION SYSTEM, INC., et al. DEFENDANTS 6:11-cv-06070-SOH na 9/17/2012 oldmortgagedaily.com/FeeLawsuits3q2012.asp
na Barret Bates U.S. District Court for the District of New Jersey; Burlington County Court na MERS case removed to federal court. na na na 9/10/2012 oldmortgagedaily.com/WhistelblowerLawsuits3q2012.asp
ING BANK, FSB d/b/a ING DIRECT JOHNATHAN Yarger, TRUDE YARGER U.S. District Court for the District of Delaware na Plaintiffs’ Motion for Class Certification granted in part and denied in part. JOHNATHAN AND TRUDE YARGER, a married couple, Plaintiffs, v. ING BANK, FSB d/b/a ING DIRECT, Defendant. 11-154-LPS 1/21/2011 8/31/2012 oldmortgagedaily.com/FeeLawsuits3q2012.asp
Bank of America Angelini U.S. District Court for the District of Maryland na Case voluntarily dismissed. Angelini v. Bank of America, et al 1:12-cv-01748 6/13/2012 July oldmortgagedaily.com/LitigationFees091012.asp
CitiMortgage Inc. na U.S. District Court for the District of Connecticut na Judge allowed breach of contract claims to survive in a putative class action. na na na 9/24/2012 oldmortgagedaily.com/FeeLawsuits3q2012.asp
JPMorgan Chase Bank, N.A. na U.S. District Court for the Central District of California na Plaintiff’s claims for unfair business practices and fraud dismissed as time-barred. na na na 8/16/2012 www.mortggedaily.com/ComplianceLawsuits3q2012.asp
Brynell Jones, Shardonya Fletcher, Gerri Britton, Candice McGraw, Sherece Payne, Deborah Boshears, Ashely Cain, Luna Noncent, Dianne Jaichon, Kevin Chenevare (32 total) United States of America U.S. District Court for the Western District of New York na Grand jury charges filed. na na na 7/10/2012 oldmortgagedaily.com/LitigationForeclosureFirmsCriminal101512.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 oldmortgagedaily.com/SettlementGfiDiscrimination082812.asp

 

 

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