Criminal Complaints
Second Quarter 2009 Mortgage Litigation Report
Cases involving criminal complaints.
Second Quarter 2009 Mortgage Litigation Report
Cases involving criminal complaints.
|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed | Link to StoryLink to Story |
| Colin Connelly | U.S. Attorney’s Office for the Eastern District of Virginia | n.a. | $377,000 | 18-month prison sentence for bogus foreclosure rescue scheme. | n.a. | n.a. | n.a. | oldmortgagedaily.com/ForeclosureRescue040809.asp |
| Countrywide Financial Corp. | n.a. | U.S. District Court for the Southern District of California in San Diego | n/a | Motion to dismiss denied in case alleging Countrywide steered borrowers into risky subprime mortgages in order to maximize profits. Violations of Racketeer Influenced and Corrupt Organizations Act alleged. | In re Countrywide Financial Corp Mortgage Marketing and Sales Practices | No. 08-MD-01988 | [UNK] | oldmortgagedaily.com/Lawsuits061109.asp |
| J. Thomas Talbot | Securities and Exchange Commission | U.S. District Court Central District of California | $230,559 | Executive profited from inside knowledge of LendingTree acquisition. | U.S. Securities and Exchange Commission v. J. Thomas Talbot | CV 04-04556 | 24-Jun-2004 | oldmortgagedaily.com/Lawsuits042009.asp |
| Mark Turkcan | n.a. | n.a. | $35,000,000 | 1-year sentence for former president of First Bank Mortgage. | n.a. | n.a. | n.a. | oldmortgagedaily.com/Lawsuits061109.asp |
| Steven Gordon | U.S. Attorney for the Southern District of Florida | U.S. District Court for the Southern District of Florida | $2,800,000 | 36-month sentence for altering data on loan files that earned defendant higher commissions. | n.a. | n.a. | n.a. | oldmortgagedaily.com/Lawsuits051209.asp |
