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Military Mortgage Lawsuits Third-Quarter 2011 Mortgage Litigation Index

Military Mortgage Lawsuits
Third-Quarter 2011 Mortgage Litigation Index
Actions involving military borrowers (added to report in Q2 2011).

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Chase Home Finance, LLC Jonathon Rowles, individually and as class representative of others similarly situated U.S. District Court for the District of South Carolina $27,000,000 JP Morgan Chase & Co. announced in April that it agreed to settle a class action lawsuit over financial protections that are due military borrowers under the Servicemembers Civil Relief Act.  The agreement is subject to court approval and calls for Chase to make $27 million in benefits available to military customers. Rowles v. Chase Home Finance LLC 9:10-01756-MBS 7/6/2010 www.mortgagedaily.com/LitigationCompliance081711.asp 
CitiMortgage Inc. Jorge Rodriguez U.S. District Court for the Southern District of New York n/a Rodriguez sued Citi under the Servicemembers Civil Relief Act because Citi filed a foreclosure against his Texas home while he was training for deployment to Iraq. Rodriguez v. CitiMortgage Inc. 11-cv-04718 7/8/2011 www.mortgagedaily.com/LitigationForeclosure071111.asp
Q2 2011 military lawsuits

Q4 2010 servicing lawsuits

Q4 2009 servicing lawsuits

Q4 2008 servicing lawsuits

 

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