|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed |
Link to StoryLink to Story |
| American Mitigation Group Inc. |
Indiana Attorney General Greg Zoeller |
n.a. |
n.a. |
Fees collected to stop foreclosure process were in violation of Indiana’s Deceptive Consumer Sales Act, Credit Services Organizations Act and Mortgage Rescue Protection Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| Ameriquest Mortgage Securities, Inc.; Bank of America, N.A.; Bear Stearns & Co. Inc.; Chase Bank USA, N.A.; Citibank N.A.; Citigroup Global Markets Inc.; Countrywide Securities Corp.; Credit Suisse USA Inc.; Credit Suisse (USA) LLC; Deutsche Bank Securities Inc.; GMAC-RFC Holding Co.; Goldman Sachs & Co.; Greenwich Capital Markets Inc.; HSBC Securities (USA) Inc.; JP Morgan Acquisition Corp.; Merrill Lynch, Pierce, Fenner & Smith Inc.; Morgan Stanley & Co.; Novastar Mortgage Inc.; Option One Mortgae Corp.; Washington Mutual Bank; Wells Fargo Asset Securities Corp.; and Wells Fargo Bank, N.A. |
City of Cleveland |
U.S. District Court for the Northern District of Ohio, Eastern Division |
n/a |
Dismissal appealed in case blaming securitizers for Clevelands foreclosure problems. |
City of Cleveland v. Ameriquest Mortgage Securities, Inc. |
No. 1:08-cv-00139-SL |
15-May-2009 |
oldwww.mortgagedaily.com/LawsuitCleveland051909.asp |
| Apply 2 Save Inc. and Derek Oberholtzer |
Attorney General of Idaho |
Kootenai County District Court |
n/a |
Consumer protection lawsuit attempting to shut down firm. |
State of Idaho v. Apply 2 Save, Inc. and Derek R. Oberholtzer |
CV 09-3154 |
20-Apr-2009 |
oldwww.mortgagedaily.com/Modifications042909.asp |
| Cash VIP and Fernando Rios |
Illinois Attorney General Lisa Madigan |
n.a. |
n.a. |
Foreclosure rescue service allegedly didn’t provide services even though it collected up-front fees in violation of the Illinois Mortgage Rescue Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| Centurion Loss Mitigation Group and Carlos A. Gome |
Illinois Attorney General Lisa Madigan |
n.a. |
n.a. |
Foreclosure rescue service allegedly didn’t provide services even though it collected up-front fees in violation of the Illinois Mortgage Rescue Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| 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. |
oldwww.mortgagedaily.com/ForeclosureRescue040809.asp |
| Deutsche Bank, US Bancorp, Saxon Mortgage Brokerage, North American Specialty Insurance Co., Orlinda Martinez, Angelica Duran and Mountain View Mortgage |
New Mexico Office of Attorney General on behalf of the Financial Institutions Division of the New Mexico Regulation and Licensing Department |
n.a. |
n.a. |
78-year-old borrower claims her signature was forged, and state seeks to halt foreclosure. |
n.a. |
n.a. |
May 2009 |
oldwww.mortgagedaily.com/Lawsuits061109.asp |
| Federal Loan Modification Law Center, LLP; Anz & Associates, PLC; Venture Legal Support, PLC, LegalTurn, Inc., also known as Legal Turn, Inc.; Federal Loan Modification, LLC; Federal Loan Modifications, SBSC Corporation, also doing business as Federal Loan Modification, Nabile “Bill” Anz; Boaz Minitzer; Jeffrey Broughton, Steven Oscherowitz, Legal Turn, LLC, MGO Capital |
Federal Trade Commission |
U.S. District Court for the Central District of California |
n/a |
Defendants allegedly violated FTC Act by promising loan modifications they didn’t deliver and representing that they were affiliated with the Federal government. |
Federal Trade Commission v. Federal Loan Modification Law Center, LLP et al. |
SA-CV-09-401-CJC (MLGx) |
3-Apr-2009 |
oldwww.mortgagedaily.com/Modifications040709.asp |
| Foreclosure Assistance LLC |
Indiana Attorney General Greg Zoeller |
n.a. |
n.a. |
Fees collected to stop foreclosure process were in violation of Indiana’s Deceptive Consumer Sales Act, Credit Services Organizations Act and Mortgage Rescue Protection Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| Foreclosure Relief Agency LLC |
Indiana Attorney General Greg Zoeller |
n.a. |
n.a. |
Fees collected to stop foreclosure process were in violation of Indiana’s Deceptive Consumer Sales Act, Credit Services Organizations Act and Mortgage Rescue Protection Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| Homeownership Preservation Group LLC |
Indiana Attorney General Greg Zoeller |
n.a. |
n.a. |
Fees collected to stop foreclosure process were in violation of Indiana’s Deceptive Consumer Sales Act, Credit Services Organizations Act and Mortgage Rescue Protection Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| Homestead Protection Services LLC |
Florida Attorney General Bill McCollum |
n.a. |
$25,000 |
Settlement reached requiring firm to shut down for allegedly charging up-front fees and not providing promised services. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue040809.asp |
| Joseph Kaiser, Heidi M. Kaiser, G. Hobus Investments LLC, Bobo Buys Real Estate LLC, Pre Flop LLC, Unclaimed Funds Inc. |
State of Washington |
Superior Court of the State of Washington in and for the County of King |
$3,980,000 |
Judge ordered payment to more than 300 victims. |
State of Washington, Plaintiff, vs. Joseph Kaiser, and Heidi M. Kaiser, husband and wife as members of a marital community with named defendant, G. Hobus Investments, LLC; Bobo Buys Real Estate, LLC; Pre Flop LLC; Unclaimed Funds, Inc., a Washington Corporation, Defendants |
Case No. 07-2-08789-3 |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| LBM Financial |
Robert Depietri, David Depietri |
U.S. Bankruptcy Court District of Massachusetts |
$5,000,000 |
Defendants win case alleging plaintiffs didn’t extend contract |
DePietri et al. v. David G. Massad, et al. |
CV40267 |
n.a. |
oldwww.mortgagedaily.com/Lawsuits042009.asp |
| Mortgage Crisis Solutions LLC and Donald Gillettee |
Florida Attorney General Bill McCollum |
n.a. |
$25,000 |
Injunction obtained for allegedly charging up-front fees and not providing promised services. |
Office of the Attorney General, Department of Legal Affairs, State of Florida, Plaintiff, vs. Donald R. Gillette, Flynn McCarthy, Mortgage Crisis Solutions Association, LLC, Property Solutions Specialists, Inc., One Source Vommunications, Inc., and Nationwide Financial partners, Inc., Defendants |
Case No. 09-23745CA05 |
25-Mar-2009 |
oldwww.mortgagedaily.com/ForeclosureRescue040809.asp |
| Mortgage Electronic Registration System |
n.a. |
U.S. Bankruptcy Court |
n.a. |
Judge rules MERS cannot represent lenders seeking to foreclose unless it provides actual note. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/Lawsuits061109.asp |
| n/a |
The Federal National Mortgage Association (Fannie Mae) |
South Carolina Supreme Court |
n/a |
Temporary restraining order halting foreclosures issued for loans that might be modified under the HAMP. |
In re Federal National Mortgage Association Loans Subject to Foreclosure Sale |
2009-05-04-01 |
4-May-2009 |
oldwww.mortgagedaily.com/MoratoriumSC050509.asp |
| National Foreclosure Counseling Services Corp of Jacksonville, Raymond Paulk and Robert Dallavia dba National Foreclosure Counseling Services and American Foreclosure Counseling Center |
Florida Attorney General Bill McCollum |
Circuit Court of the Fourth Judicial Circuit in and for Duval County, Fla. |
n.a. |
Injunction sought against firm that allegedly charged fees but didn’t provide services. |
State of Florida, Office of the Attorney General, Plaintiff, v. National Foreclosure Counseling Services Corp., Raymond Paulk and Robert V. Dallavia D/B/A National Foreclosure Counseling Services and American Foreclosure Counseling Center, Defendants. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue040809.asp |
| National Foreclosure Relief Inc. |
Idaho State Department of Finance |
n/a |
n/a |
Cease-and-desist order issued over engaging in unlicensed debt or credit counseling activities. |
n/a |
n/a |
20-Apr-2009 |
oldwww.mortgagedaily.com/Modifications042909.asp |
| Nationwide Foreclosure Prevention Center, LLC and Robert P. Valentin |
Pennsylvania Department of Banking |
n/a |
n/a |
A Consent Agreement and Order agreed to with the department. |
n/a |
n/a |
14-Apr-2009 |
oldwww.mortgagedaily.com/Modifications042909.asp |
| Property Solutions of N.J. Inc., Edward Toledo and Leon Toledo, Raymond Vega; PRSE Holding Company LLC |
Anne Milgram, New Jersey Attorney General; David M. Szuchman, Director of the New Jersey Division of Consumer Affairs |
Court of New Jersey Chancery Division, Hudson County |
$3,980,000 |
Defendants accused of violating the Consumer Fraud Act through lies and deception in promising to prevent foreclosures through a leaseback scheme. |
Anne Milgram, Attorney General of the State of New Jersey, and David M. Szuchman, Director of the New Jersey Division of Consumer Affairs, Plaintiffs, v. Property Solutions of N.J., LLC; Leon Toledo; Edward Toledo; Raymond Vega; Jane and John Does 1-10, individually and as owners, officers, directors, shareholders, founders, managers, agents, servants, employees, representatives and/or independent contractors of Property Solutions of N.J., Inc. and/or PSRE Holding Company, LLC; and XYZ Corporations 1-10, Defendants |
Docket No. Hud-C-51-09 |
23-Apr-2009 |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| Thomas Ryan, bailout.hud-gov.us and bailout.dohgov.us |
Federal Trade Commission |
U.S. District Court for the District of Columbia |
n/a |
Amened complaint filed against defendant that allegedly promoted that their services were associated with the Federal government. |
Federal Trade Commission, Plaintiff, v. Thomas Ryan, 1078 Buckingham Lane Newport Beach, CA 92660, Defendant |
Civil Action No. 1:09-cv-00535-HHK, FTC File No. 092 3116 |
6-Apr-2009 |
oldwww.mortgagedaily.com/Modifications040709.asp |
| Tony McConkey |
Teresa L. Milligan |
n.a. |
$11,000 |
Alleged rescue scheme involved turning title over to avoid foreclosure. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
| U.S. Foreclosure Relief |
Missouri Attorney General Chris Koester |
|
n.a. |
Firm allegedly charged upfront fees of $2,350 but failed to provide services in violation of state law. |
n.a. |
n.a. |
7-Mar-2009 |
oldwww.mortgagedaily.com/ForeclosureRescue040809.asp |
| Valerie Hanserd, Primary Mortgage and Leo Desi |
Commonwealth of Massachusetts |
Suffolk Superior Court |
$115,000 |
Consent judgment in case alleging participation in an illegal foreclosure rescue scheme. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/Lawsuits061109.asp |
| You Walk Away LLC |
Indiana Attorney General Greg Zoeller |
n.a. |
n.a. |
Fees collected to stop foreclosure process were in violation of Indiana’s Deceptive Consumer Sales Act, Credit Services Organizations Act and Mortgage Rescue Protection Fraud Act. |
n.a. |
n.a. |
n.a. |
oldwww.mortgagedaily.com/ForeclosureRescue051109.asp |
