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Mortgage Fee Lawsuits Fourth-Quarter 2012 Mortgage Litigation Index

Mortgage Fee Lawsuits

Fourth-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
Bank Of America, Citigroup, Barclays, UBS, JPMorgan Chase, Deutsche Bank, et al na na na Class action filed alleging defendants manipulated LIBOR rates. na na na Oct. 2012 oldmortgagedaily.com/FeeLawsuits4q2012.asp
Fannie Mae, Freddie Mac Miami-Dade County U.S. District Court for the Southern District of Florida na Complaint filed. Ruvin v. Federal National Mortgage Association 12-cv-23917 10/29/2012 10/29/2012 oldmortgagedaily.com/FeeLawsuits4q2012.asp
MERSCORP, INC., and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Defendants MONTGOMERY COUNTY, PENNSYLVANIA, RECORDER OF DEEDS, by and through Nancy J. Becker in her official
capacity as Recorder of Deeds of Montgomery County, on its own
behalf and on behalf of all others similarly situated, Plaintiff
U.S. District Court for the Eastern District of Pennsylvania na Putative class action over recording fees dismissed in part. MONTGOMERY COUNTY, PENNSYLVANIA, :
RECORDER OF DEEDS, by and through :
Nancy J. Becker in her official capacity as Recorder of Deeds of Montgomery County, on its own behalf and on behalf of all others similarly situated, Plaintiff, v. MERSCORP, INC., and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., Defendants.
2:11-cv-06968-JCJ-VCF 11/7/2011 10/19/2012 oldmortgagedaily.com/LitigationTitleMers123012.asp
Lourie Brown, Monique Brown Quicken Loans Supreme Court of Appeals of West Virginia, Ohio County West Virginia Circuit Court $2,513,432 Trial court’s decision in favor of defendants affirmed in part, reversed in part; case remanded. Quicken Loans Inc. v Brown, Brown v. Quicken Loans, Inc. et al. 11-0910 na 11/21/2012 oldmortgagedaily.com/AppraisalLawsuits4q2012.aspoldmortgagedaily.com/LawsuitQuicken091911.asp
Kitsap Community Federal Credit Union, Appellant/Cross-Respondent Joanne Peterson, on behalf of herself and others similarly situated, Respondent/Cross-Appellant Court of Appeals of Washington, Division 2 $35,000 Reversed Superior court’s granting summary judgment to plaintiff on state consumer protection act claim. Peterson v. Kitsap Community Federal Credit 41741-3-II na 10/23/2012 oldmortgagedaily.com/FeeLawsuits4q2012.asp
Jeffrey C. McLendon State of Ohio Muskingum County Common Pleas Court $49,000 Defendant sentenced to 90 days. STATE OF OHIO vs. MCLENDON, JEFFREY C KJC CR2012-0120 5/10/2012 12/3/2012 oldmortgagedaily.com/LitigationCriminal112012.asp
COUNTRYWIDE BANK, N.A. et al. GILLIAN MILLER et al., United States Court of Appeals, Sixth Circuit; U.S. District Court for the Western District of Kentucky na Appeal was argued. In re: COUNTRYWIDE FINANCIAL CORP. MORTGAGE LENDING PRACTICES LITIGATION 12-5250; 4862174, 3:08-md-1974
10/13/2011 12/5/2012 oldmortgagedaily.com/DiscriminationLawsuits4q2012.asp

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