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First-Quarter 2013 Mortgage Litigation Index

Mortgage Investor Lawsuits

First-Quarter 2013 Mortgage Litigation Index

Shareholder lawsuits and class actions accusing companies of inflating earnings, overstating capital position or otherwise deceiving investors in the company. Other shareholder issues.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Date of Activity Link to Story
Citigroup Inc. na U.S. District Court for the Southern District of New York $730,000,000 Settlement reached. In Re Citigroup Inc. Bond Litigation 08 Civ 9522 (SHS) na 3/18/2013 www.mortgagedaily.com/LitigationTitleMers123012.asp
Edward J. Woodard Jr., Cynthia A. Sabol, Stephen G. Fields, Simon Hounslow, T. Brandon Woodard, Chris E. Beisel, Thomas W. Moss Jr., Morton Goldmeier, E. Carlton Bowyer, Herbert Perlin, Kenneth Young, William D. Payne Robert Bogatitus  U.S. District Court for the Eastern District of Virginia na Complaint filed over failure of Bank of Commonwealth. na na 1/22/2013 1/22/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Impac Mortgage Holdings Inc. Citigroup Global Market Inc. U.S. District Court for the Central District of California $3,100,000 Settlement approved. na na 5/26/2011 1/24/2013 www.mortgagedaily.com/ImpacProduction081313.asp
Triad Guaranty Inc. shareholders U.S. District Court for the Middle District of North Carolina na Hearing held on motion to dismiss. na na Jan. 2009 3/12/2013 www.mortgagedaily.com/MctBankruptcyTriad060513.asp
Bank of America Corp. Allstate Insurance Co. New York State Supreme Court, Manhattan na Defendant’s motion to dismiss denied. Allstate Insurance Co. v. Merrill Lynch & Co. 650559-2011 7/3/1905 3/14/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Bank of America Corp. Luther, Maine State and Western Teamsters na $500,000,000 Class action settlement. na na na Q1 www.mortgagedaily.com/BoaProduction041713.asp
Bank of America Corp., Rebecca Mairone United States of America U.S. District Court for the Southern District of New York $1,000,000,000 Defendant Mairone asked to be dismissed from case. UNITED STATES OF AMERICA ex rel. EDWARD O’DONNELL,  Plaintiff,  – v. – BANK OF AMERICA CORPORATION, successor to COUNTRYWIDE FINANCIAL CORPORATION, COUNTRYWIDE HOME LOANS, INC., and FULL SPECTRUM LENDING,  Defendants. UNITED STATES OF AMERICA,  Plaintiff-Intervenor,  – v. – COUNTRYWIDE HOME LOANS, INC., COUNTRYWIDE FINANCIAL CORPORATION, COUNTRYWIDE BANK, FSB, BANK OF AMERICA
CORPORATION, BANK OF AMERICA, N.A., and REBECCA MAIRONE, Defendants
1:12-cv-01422 (JSR) na 2/28/2013 www.mortgagedaily.com/LitigationTitleMers123012.asp
COUNTRYWIDE FINANCIAL CORP. FEDERAL DEPOSIT INSURANCE CORP. U.S. District Court for the Central District of California na Plaintiff’s claims dismissed. FEDERAL DEPOSIT INSURANCE CORPORATION as receiver for UNITED WESTERN BANK, F.S.B., Plaintiff, v. COUNTRYWIDE FINANCIAL CORPORATION, et al., Defendants 11-ML-02265-MRP (MANx), 11-CV-10400-MRP (MANx) na 1/3/2013 www.mortgagedaily.com/LitigationMbsBoa011313.asp
Countrywide Financial Corporation Federal Home Loan Bank of San Francisco Court of Appeals of California, First District, Division Five na Trial court’s judgment in favor of defendant affirmed. Federal Home Loan Bank of San Francisco, Plaintiff and Appellant,
v.
Countrywide Financial Corporation, Defendant and Respondent
A135898 May 2010 3/29/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Deutsche Bank AG Allstate Insurance Co. New York State Supreme Court, Manhattan na Defendant’s motion to dismiss denied. Allstate Insurance Co. v. Ace Securities Corp. 650431-2011 7/3/05 3/14/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
DLJ Mortgage Capital, Credit Suisse Securities Ambac Financial Group, Inc. 9002, 600070/10.
Appellate Division of the Supreme Court of New York
na Settlement reached. AMBAC ASSURANCE CORPORATION et al., Appellants, v. DLJ MORTGAGE CAPITAL, INC., et al., Respondents 9002, 600070/10, 102 A.D.3d 487 (2013), 956 N.Y.S.2d 891, 2013 NY Slip Op 156 2010 March 2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Flagstar ABS LLC MBIA Insurance Corp. U.S. District Court for the Southern District of New York $165,000,000 Complaint filed. MBIA Insurance Corp. v. Flagstar ABS LLC 13-0262 1/11/2013 13-Jan www.mortgagedaily.com/LitigationMbs011313.asp
General Electric Co. Federal Housing Finance Agency U.S. District Court for the Southern District of New York na Settlement reached. Federal Housing Finance Agency v. General Electric Co. 11-7048 9/2/11 1/25/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Goldman Sachs & Co. NECA-IBEW Health & Welfare Fund U.S. Supreme Court, U.S. Circuit Court of Appeals Defendant’s writ of certiorari denied. GOLDMAN, SACHS & CO., ET AL. V. NECA-IBEW na na 3/18/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
JPMORGAN CHASE BANK, N.A., as Successor-in-Interest to Washington Mutual Bank, WaMu Capital Corp., Long Beach Securities Corp., and WaMu Asset Acceptance Corp., WAMU CAPITAL CORP., LONG BEACH SECURITIES CORP., and WAMU ASSET ACCEPTANCE CORP. NATIONAL CREDIT UNION ADMINISTRATION BOARD U.S. District Court for the District of Kansas). $2,200,000,000 Complaint filed. NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Liquidating Agent of U.S. Central Federal Credit Union, Western Corporate Federal Credit Union and Southwest Corporate Federal Credit Union, Plaintiff, v. JPMORGAN CHASE BANK, N.A., as Successor-in-Interest to Washington Mutual Bank, WaMu Capital Corp., Long Beach Securities Corp., and WaMu Asset Acceptance Corp., WAMU CAPITAL CORP., LONG BEACH SECURITIES CORP., and WAMU ASSET ACCEPTANCE CORP. Defendants na 1/4/2013 1/4/2013 www.mortgagedaily.com/LitigationMbsRegulatory011313.asp
Morgan Stanley Allstate Insurance Co. New York State Supreme Court, Manhattan na Defendant’s motion to dismiss denied. Allstate Insurance Co. v. Morgan Stanley 651840-2011 7/3/1905 3/14/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Morgan Stanley Metropolitan Life Insurance Co. New York State Supreme Court, Manhattan na Defendant aruges in court that it isn’t responsible for plaintiff’s losses. Metropolitan Life Insurance Co. v. Morgan Stanley Index No. 651360/2012 na 3/6/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
MORGAN STANLEY INVESTMENT MANAGEMENT INC. PENSION BENEFIT GUARANTY CORP. U.S. Court of Appeals, Second Circuit na District court dismissal argued on appeal. PENSION BENEFIT GUARANTY CORP., on behalf of Saint Vincent Catholic Medical Centers Retirement Plan, SAINT VINCENT CATHOLIC MEDICAL CENTERS, QUEENSBROOK INSURANCE LTD., Plaintiffs-Appellants, v.
MORGAN STANLEY INVESTMENT MANAGEMENT INC., Defendant-Appellee.
Docket No. 10-4497-cv na 1/24/2013 www.mortgagedaily.com/LitigationTitleMers123012.asp
na Public Employees’ Retirement System of Mississippi U.S. District Court for the Southern District of New York na Plaintiffs’ motion for reconsideration and leave to amend complaint granted. IN RE MORGAN STANLEY MORTGAGE PASS-THROUGH CERTIFICATES LITIGATION MASTER FILE NO. 09 CIV. 2137 (LTS)(MHD) 12/2/2008 1/11/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
NOMURA CREDIT & CAPITAL  HSBC Bank USA, N.A., as trustee for NOMURA HOME EQUITY LOAN, INC., SERIES 2007-3 Supreme Court of the State of New York $486,000,000 Complaint filed. NOMURA HOME EQUITY LOAN, INC., SERIES 2007-3, pursuant to a Pooling and Servicing Agreement, dated as of April 1, 2007, by HSBC BANK USA, NATIONAL ASSOCIATION, solely in its capacity as the Trustee, Plaintiff, -againstNOMURA CREDIT & CAPITAL, INC., Defendant. Index No. 651124-2013 3/28/2013 3/28/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
NovaStar Mortgage, Inc, Royal Bank of Scotland Group PLC, Wells Fargo & Co, Deutsche Bank AG New Jersey Carpenters Health Fund 2nd U.S. Circuit Court of Appeals, U.S.  District Court for the Southern District of New York $1,300,000,000 Reversed a March 2012 ruling that had dismissed the lawsuit. New Jersey Carpenters Health Fund v. The Royal Bank of Scotland Group, PLC 12-1707 cv, 709 F.3d 109 (2013) 5/25/2006 3/4/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
RBS Securities Inc. Assured Guaranty Municipal Corp. U.S. District Court for Southern District of New York $100,000,000 Complaint filed. Assured Guaranty Municipal Corp. v. RBS Securities Inc. 13-cv-2019 3/26/2013 3/26/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
SNR Denton Impac Secured Assets Corp. U.S. District Court for the Central Distric of Central District of California na Case dismissed. na na na 2/25/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC , McGraw-Hill Companies, Inc. State of Pennsylvania na na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC , McGraw-Hill Companies, Inc. State of Tennessee Davidson County Circuit Court na Complaint filed. State of Tennessee, ex rel. Robert E. Cooper, Jr., Attorney General and Reporter, Plaintiff, v. The McGraw-Hill Companies, Inc., a New York corporation, and Standard & Poor’s Financial Services LLC, a Delaware limited liability company, Defendants 13C506 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC , McGraw-Hill Companies, Inc. State of Washington Financial Services LLC, Defendants na Complaint filed. State of Washington, Plaintiff, v. The McGraw-Hill Companies, Inc. and Standard & Poor’s  na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC , McGraw-Hill Companies, Inc. United States of America U.S. District Court for the Central District of California na Complaint filed. United States of America, Plaintiff, v. McGraw-Hill Companies, Inc., and Standard & Poor’s Financial Services LLC, Defendants CV13-00779 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC, The McGraw-Hill Companies Inc. State of Arizona Maricopa County Superior Court na Complaint filed. STATE OF Arizona, ex rel. Thomas C. Horne, Attorney General, Plaintiff, -vs- The McGraw-Hill Companies, Inc. and Standard & Poor’s Financial Services LLC, Defendants CV2013-001188 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC, The McGraw-Hill Companies Inc. State of California San Francisco Superior Court na Complaint filed. PEOPLE OF THE STATE OF .CALIFORNIA, Plaintiff, v. THE MCGRAW-HILL COMPANIES, INC., STANDARD & POOR’S FINANCIAL SERVICES LLC, AND DOES 1-100, Defendants. na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Financial Services LLC, The McGraw-Hill Companies Inc. State of Iowa Polk County District Court na Complaint filed. State of Iowa ex rel. Thomas J. Miller, Attorney General (99AG25112), Plaintiff, v. The McGraw-Hill Companies, Inc. and Standard & Poor’s Financial Services LLC, Defendants EQCE 73545 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service District of Columbia D.C. Superior Court na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of Arkansas Pulaski County Circuit Court na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of Colorado Denver District Court na Complaint filed. STATE OF COLORADO, ex rel. JOHN W. SUTHERS, Attorney General, Plaintiff, v. THE McGRAW-HILL COMPANIES, INC., a New York corporation; and STANDARD & POOR’S FINANCIAL SERVICES LLC, a Delaware limited liability company Defendants E2E30779 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of Delaware Delaware Superior Court na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of Idaho Ada County District Court na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of Maine Kennebec County Superior Court na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of Missouri Circuit Court of Jackson County na Complaint filed. na na 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Standard & Poor’s Ratings Service State of North Carolina Wake County Superior Court na Complaint filed. STATE OF NORTH CAROLINA, ex rei.ROY COOPER, Attorney General, Plaintiff v. THE MCGRAW-HILL COMPANIES, INC. and STANDARD & POOR’S FINANCIAL SERVICES LLC, Defendants 13CV001703 2/5/2013 2/5/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
UBS AG Securities and Exchange Commission na $748,000,000 Settlement negotions. na na na 3/22/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Countrywide Home Loans MBIA Insurance Supreme Court of the State of New York na Video despositions presented. MBIA Insurance v. Countrywide Home Loans 602825-2008 na Jan. 2013 www.mortgagedaily.com/LitigationMbsBoa011313.asp
Bank of America, JPMorgan Chase, UBS (15 total) Federal Housing Finance Agency Second US Circuit Court of Appeals, U.S. District Court for the Southern District of New York na Defendants in multiple lawsuits filed joint petition claiming that district court judge “systematically deprived” them of evidence to defend themselves, and issued rulings aimed at coercing settlements. Reversal of several decisions sought. na na 2011 3/26/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Maiden Lane II American International Group Inc New York State Supreme Court in Manhattan na Complaint filed. American International Group Inc et al v. Maiden Lane II LLC 650115/2013 1/11/2013 1/11/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
American Home Mortgage Servicing Inc. Sand Canyon Corp. New York State Supreme Court, Manhattan na Proceedings stayed. Sand Canyon Corp. v. American Home Mortgage Servicing Inc. 650504/2012 2/22/2012 1/17/2013 www.mortgagedaily.com/LitigationRepurchases021113.asp
Bank of America Corp. Fannie Mae na $10,300,000,000 Settlement reached on repurchases. na na na 1/7/2013 www.mortgagedaily.com/BoaRepurchase010713.asp
Nationstar Mortgage Holdings Inc. KIRP LLC New York State Supreme Court (Manhattan) na Complaint filed, temporary restraining order issued halting loan sales. KIRP LLC v. Nationstar Mortgage LLC 650794- 2013 3/7/2013 3/7/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
RBS Securities Inc.  CUNA Mutual Group U.S. District Court for the Western District of Wisconsin $72,000,000 Motion for order requiring repurchase was filed. na na na 3/7/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Nationstar Mortgage Holdings Inc. KIRP LLC  New York State Supreme Court na Plaintiff asked for an adjournment of a scheduled hearing, citing talks to resolve the dispute. KIRP LLC v. Nationstar Mortgage LLC 650794- 2013 3/7/2013 3/22/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Edward J. Woodard, Cynthia A. Sabol, Stephen G. Fields The Securities and Exchange Commission  U.S. District Court for the Eastern District of Virginia na Plaintiff alleges Defendants made misrepresentations to investors. United States Securities and Exchange Commission, Plaintiff, v. Edward J. Woodard, Jr., Cynthia A. Sabol, and Stephen G. Fields, Defendants. 2:13cv16 1/9/2013 1/9/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Rex Townsend, Barbara Kaye, Renzo Lucioni, Gary Winter, Bess Alpaugh, Carl Berg, Jeffrey Goller, Thomas Kilbane, Andrew Mueller, and Alice Tawresey Federal Deposit Insurance Corporation, as Receiver for American
Marine Bank
U.S. District Court for the Western District of Washington $18,000,000 Complaint filed. Federal Deposit Insurance Corporation, as Receiver for American
Marine Bank, Plaintiff v. Rex Townsend, Barbara Kaye, Renzo Lucioni, Gary Winter, Bess Alpaugh, Carl Berg, Jeffrey Goller, Thomas Kilbane, Andrew Mueller, and Alice Tawresey, Defendants 
3:13–cv-05055 1/25/2013 1/25/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Robert Wertheim, R. Glenn Wertheim, John W. Brown, Ronald Brown, Paul Goblet, Joyce Godwin, Shirley Scott, Bruce Seligman, Stephen M. Walker, Andrew Feld Federal Deposit Insurance Corp. U.S. District Court for the District of New Mexico $8,000,000 Complaint filed against former Charter Bank executives over losses from bank’s failure. na na Jan. 2013 Jan. 2013 www.mortgagedaily.com/MctLawsuitCharter012013.asp
Walter J. Ng, Kelly W. Ng, Bruce A. Horwitz, The Mortgage Fund Securities and Exchange Commission U.S. District Court for the Northern District of California $39,000,000 Complaint filed. Securities and Exchange Commission v. Walter Ng, Kelly Ng, Bruce Horwitz, and The Mortgage Fund, LLC C-13 0895-NC  2/28/2013 2/28/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
Countrywide Home Loans, Inc. d/b/a Bank of America Home Loans, Bank of America Corporation, Bank of America, N.A. Washington Federal U.S. District Court Western District of Washington at Seattle $400,000,000 Amended complaint filed. Washington Federal v. Countrywide Home Loans, Inc. d/b/a Bank of America Home Loans, Bank of America Corporation, Bank of America, N.A. 2:12-cv-01820 10/16/2012 1/31/2013 www.mortgagedaily.com/LitigationRepurchases021113.asp
Mason-Dixon Funding CitiMortgage, Inc. U.S. District Court, E.D. Missouri, Eastern Division na Final pretrial conference. CitiMortgage, Inc. v. Mason-Dixon Funding 4:09cv1997 TCM 6/26/2009 2/13/2013 www.mortgagedaily.com/LitigationRepurchases021113.asp
Terrace Mortgage Company Residential Funding Company, LLC U.S. District Court, D. Minnesota na Motion to certify judgment granted. Residential Funding Company, LLC., v. Terrace Mortgage Company 09-3455 (SRN/AJB) 12/24/2009 1/22/2013 www.mortgagedaily.com/LitigationRepurchases021113.asp
Allied Mortgage Group, Inc. CitiMortgage, Inc. U.S. District Court, E.D. Missouri, Eastern Division na Satisfaction of judgment entered. CitiMortgage, Inc. V. Allied Mortgage Group, Inc. 4:10CV01863 JAR 5/1/2012 1/15/2013 www.mortgagedaily.com/LitigationRepurchases021113.asp
na Integrated Financial Services U.S. Bankruptcy Court for the District of Nevada na Order on mortion to quash filed. In re Integrated Financial Services BK-S-11-13537-LBR 3/14/2011 2/13/2013 www.mortgagedaily.com/LitigationBkCorp021813.asp
JP Morgan Joel Sher U.S. Bankruptcy Court, District of Maryland, Baltimore na Motion to withdraw appearance as counsel for Credit Suisse Securities LLC and Credit Suisse International filed. In re. Thornburg Mortgage Inc., Joel Sher v. JP Morgan 09-17787,11-ap- 00340, 12-cv-00157 5/1/2009 2/14/2013 www.mortgagedaily.com/LitigationBkCorp021813.asp
na Washington Mutual Inc. U.S. Bankruptcy Court District of Delaware na Liquidating trust’s objection to the motion of Edward F. Bach to reinstate a proof of claim and vacate an order disallowing the claim and for attorneys’ fees and costs filed. In re Washington Mutual Inc. 08-12229 (MFW) 9/26/2008 2/14/2013 www.mortgagedaily.com/LitigationBkCorp021813.asp
BEAR, STEARNS & CO. INC., THE BEAR STEARNS COMPANIES, INC., BEAR STEARNS ASSET BACKED SECURITIES I LLC, EMC MORTGAGE LLC (f/k/a EMC MORTGAGE CORPORATION), STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., J.P. MORGAN ACCEPTANCE CORPORATION I, J.P. MORGAN MORTGAGE ACQUISITION CORPORATION, J.P. MORGAN SECURITIES LLC (f/k/a JPMORGAN SECURITIES INC.) WAMU ASSET ACCEPTANCE CORP., WAMU CAPITAL CORP., WAMU MORTGAGE SECURITIES, LONG BEACH SECURITIES CORP., JPMORGAN CHASE & CO., JPMORGAN CHASE BANK, N.A. DEXIA SA/NV; DEXIA HOLDINGS, INC.; FSA ASSET MANAGEMENT LLC; DEXIA CREDIT LOCAL SA U.S. District Court for the Southern District of New York, New York State Supreme Court $203,100,000 Evidence filed. DEXIA SA/NV; DEXIA HOLDINGS, INC.; FSA ASSET MANAGEMENT LLC; DEXIA CREDIT LOCAL SA, Plaintiffs, V. BEAR, STEARNS & CO. INC., THE BEAR STEARNS COMPANIES, INC., BEAR STEARNS ASSET BACKED SECURITIES I LLC, EMC MORTGAGE LLC (f/k/a EMC MORTGAGE CORPORATION), STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., J.P. MORGAN ACCEPTANCE CORPORATION I, J.P. MORGAN MORTGAGE ACQUISITION CORPORATION, J.P. MORGAN SECURITIES LLC (f/k/a JPMORGAN SECURITIES INC.) WAMU ASSET ACCEPTANCE CORP., WAMU CAPITAL CORP., WAMU MORTGAGE SECURITIES, LONG BEACH SECURITIES CORP., JPMORGAN CHASE & CO., and JPMORGAN CHASE BANK, N.A., Defendants 12-cv-4761 (JSR)(JLC), 650180-2012 1/19/2012 Feb. 2013 www.mortgagedaily.com/MctLawsuitWamu021513.asp
Deutsche Bank AG Bayerische Landesbank U.S. Bankruptcy Court for the Southern District of New York na Court in ResCap bankruptcy recommends remanding case to state court. In re: RESIDENTIAL CAPITAL, LLC, Debtor. BAYERISCHE LANDESBANK, Plaintiff, v. DEUTSCHE BANK AG, et al., Defendants. 12-12020 (MG), Adv. Proc. No. 12-01884 (MG) na 3/20/2013 www.mortgagedaily.com/InvestorLawsuits1q2013.asp
na The PMI Group Inc. U.S. Bankruptcy Court for the District Of Delaware na Hearing scheduled for Feb. 22 cancelled “as no matters are going forward.” In re The PMI Group Inc. 11-13730 (BLS) 11/23/2011 Q1 www.mortgagedaily.com/LitigationBkCorp021813.asp
Federal Deposit Insurance Corporation Bank Of America, N. A. U.S. District Court, District of Columbia na Motion filed by plaintiff asking for clarification of the court’s Dec. 10, 2012. BANK OF AMERICA, N. A., As Indenture Trustee, Custodian, and Collateral Agent for OCALA FUNDING, LLC, Plaintiff and Counterclaim Defendant,  v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its capacity as the Receiver for COLONIAL BANK, and in its capacity as the Receiver for PLATINUM COMMUNITY BANK, Defendant and Counterclaim Plaintiff. 10-CV-1681 (BJR) 10/1/2010 2/5/2013 www.mortgagedaily.com/LitigationBkCorp021813.asp
na Ocala Funding, Llc U.S. Bankruptcy Court for the District of Nevada $1,632,386 A disputed, general unsecured claim scheduled. In re Ocala Funding, Llc 3:12-bk-04524-JAF na 7/10/2012 www.mortgagedaily.com/LitigationBkCorp021813.asp
Gregory William Bell United States of America U.S. District Court for the District of Colorado $5,600,000 Guilty plea. na na na 2/5/2013 www.mortgagedaily.com/LitigationCriminalBanks040413.asp
Aubrey Lee Price United States of America U.S. District Court for the Eastern District of New York na Charged by federal grand jury. na na na 1/25/2013 www.mortgagedaily.com/LitigationCriminalBanks040413.asp
Frederick Darren Berg United States of America na $245,000,000 Motion to overturn sentencing filed. na na na Feb. 2013 www.mortgagedaily.com/LitigationCriminal040413.asp
Richard Thomas Gregg United States of America U.S. District Court for the Western District of Missouri na Indictment unsealed. na na 2/28/2013 2/28/2013 www.mortgagedaily.com/LitigationCriminalBanks040413.asp
Jesse C. Litvak United States of America na $2,000,000 Indicted. na na 1/25/2013 1/25/2013 www.mortgagedaily.com/LitigationCriminal040413.asp
Edward J. Woodard Jr., Simon Hounslow, Stephen G. Fields, Troy Brandon Woodard, Thomas E. Arney, Dwight A. Etheridge, Eric H. Menden, George P. Hranowskyj, Natallia Green, Maria Pukhova, Jeremy C. Churchill, Recardo S. Lewis United States of America U.S. District Court for the Eastern District of Virginia $268,000,000 Trial held in Bank of the Commonwealth case.. In re. Bank of Commonwealth na March 2012 Mar. 2013 www.mortgagedaily.com/MctTrialTBrandonWoodard032913.asp,
www.mortgagedaily.com/MctLawsuitCommonwealth052413.asp

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