|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed |
Link to Story |
| 21st Century Legal Services Inc. |
State of Wisconsin |
Wisconsin State Court, Dane County Circuit Court |
$299,663 |
Wisconsin seeks to force 21st Century to change its procedures when helping consumers modify loans. |
Wisconsin v. 21st Century Legal Servs., Inc. |
No. 10-CX-32 |
5/27/2010 |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| American Lending Review |
Indiana AG |
Indiana State Court, Clinton County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Balanced Legal Group of California |
Minnesota Attorney General Lori Swanson |
n/a |
n/a |
Accused of charging up-front modification fees. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Bank of America Corp., BAC Home Loans Servicing, LP, Recon Trust Co. |
Nevada Attorney General’s office |
Superior Court of Nevada, Clark County |
n/a |
States are suing BoA for failing to help homeowners rewrite their loans as promised before foreclosing on them. |
Nevada v. Bank of America Corp. |
No. 10-631557 |
12/17/2010 |
www.mortgagedaily.com/MctForeclosureProbe122810.asp
www.mortgagedaily.com/LawsuitBoaNv121710.asp |
| Blanca Maciel Sanchez |
n/a |
n/a |
n/a |
Arrested for falsely representing herself as a real estate agent and mortgage broker under the names Maciel Financial Services and First Continental Mortgage. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationCriminal120710.asp |
| Colonial Financial Solutions |
Indiana AG |
Indiana State Court, Allen County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Countrywide Financial Corporation, Countrywide Home Loans, Inc., and Countrywide Home Loans Servicing LP |
Class action |
Supreme Court of New York, County of New York |
$80,000,000,000 |
Suit regarding loss mitigation in connection with home mortgages. |
Greenwich Fin. Servs. Distressed Mortgage Fund 3, LLC v. Countrywide Fin. Corp. |
No.1:2008cv11343 |
12/30/2008 |
www.mortgagedaily.com/LawsuitBoaAz121710.asp |
| Countrywide Financial Corporation, Countrywide Home Loans, Inc., Full Spectrum Lending, Inc., Bank of America Corporation, Bank of America, N.A., BAC Home Loans Servicing LP, Recontrust Company, N.A., Black Corporations 1-10. |
State of Arizona ex rel. Terry Goddard, Attorney General |
Superior Court of the State of Arizona for the County of Maricopa |
n/a |
Suit regarding loss mitigation. |
Arizona v. Countrywide Fin. Corp. |
No. CV2010-033580 |
12/17/2010 |
www.mortgagedaily.com/LawsuitBoaAz121710.asp |
| Creston King, Amy King |
CitiMortgage Inc. |
n/a |
$106,421 |
Judge rules that Fannie Mae, current owner of REO, to go through mitigation. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/MctForeclosureFannie120810.asp |
| Dinamica Financiera LLC, Soluciones Dinamicas, Oficinas Legales de Eric-Douglas Johnson, Inc., Eric Douglas Johnson, Valentin Benitez, Jose Mario Esquer, and Rosa Esquer |
Federal Trade Commission |
U.S. District Court for the Central District of California |
n/a |
The FTC alleges that the defendants defrauded homeowners seeking to avoid foreclosure. |
Fed’l Trade Comm’n v. Dinamica Financiera LLC |
No. 09-cv-03554 |
5/19/2009 |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Fair Lending Review |
Indiana AG |
Indiana State Court, Shelby County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Federal Housing Modification Department, Inc. |
Federal Trade Commission |
U.S. District Court for the District of Columbia |
$900,000 |
FTC accuses the defendant of pretending to be a federal agency while bilking consumers. |
Fed’l Trade Comm’n v. Fed’l Housing Modification Dep’t, Inc. |
No. 09-cv-01753 |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| First American Law Center Inc. |
Yoshiko and Stefan Des Lauriers |
Superior Court of California, San Diego |
n/a |
Plaintiffs accuse defendant in class action of deceptive trade practices and failing to assist them modify their loan. |
Des Lauriers v. First Am. Law Ctr., Inc. |
No. 37-2010-00101253-CU-MC-CTL |
9/29/2010 |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Global Equity Solutions |
n/a |
n/a |
n/a |
Firm that was raided by Sheriff and ordered to stop operating in Fla. opened up in Georgia. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Home Protection Coalition of Wyoming |
Minnesota Attorney General Lori Swanson |
n/a |
n/a |
Accused of charging up-front modification fees. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Hope4Homes Inc. |
State of Indiana |
Indiana State Court, Vanderburgh Circuit Court |
n/a |
Indiana AG sues loan modification company due to failure to assist consumers in modifying loans. |
Indiana v. Hope4Homes Inc. |
No. 82C011012CT584 |
12/7/2010 |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Howard Shmuckler |
n/a |
Prince George County |
$1,200,000 |
Indictment for owner of The Schmuckler Group. |
n/a |
n/a |
11/30/2010 |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Integrated Financial Solutions |
Indiana AG |
Indiana State Court, Knox County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Jeffrey Gonsiewski |
United States of America |
U.S. District Court |
$5,100,000 |
63-month sentence for banker who illegally changed loan terms. |
United States v. Gonsiewski |
n/a |
n/a |
www.mortgagedaily.com/MctModificationSentence120810.asp |
| Manhattan Mitigation |
Indiana AG |
Indiana State Corut, Marion County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Matrix Capital Resources |
n/a |
n/a |
n/a |
Police execute search warrant. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Meridian Law Center |
Indiana AG |
Indiana State Court, Lake County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| National Foreclosure Relief, Inc., David Ealy, Chele Stone, Hugo Tapia |
Federal Trade Commission |
U.S. District Court for the Central District of California |
$12,000,000 |
Suit regarding foreclosure assistance fraud. Judgment suspended. |
Fed’l Trade Comm’n v. Nat’l Foreclosure Relief, Inc. |
No. SACV09-117 DIC (NKGx) |
2/2/2009 |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| National Future Mortgage |
Indiana AG |
Indiana State Court, Elkhart |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| National Hometeam Solutions, LLC, National Financial Solutions, LLC, United Financial Solutions, LLC, Nationwide Foreclosure Services, LLC, Evalan Services, LLC, Elant, LLC, Elias H. Taylor aka Eli Taylor, Everard Taylor aka Everado Taylor, Emanuel Taylor, Edwin P. Taylor Sr. aka Ed Taylor |
Federal Trade Commission |
U.S. District Court for the Eastern District of Texas |
n/a |
The defendants were sued by the FTC for allegedly defrauding homeowners in connection with foreclosure assistance. |
Fed’l Trade Comm’n v. Nat’l Hometeam Solutions, LLC |
No. 4:08-cv-067 |
2/28/2008 |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp
www.mortgagedaily.com/LitigationModificationFirms.122010.asp |
| Oceanview Investment Services |
Indiana AG |
Indiana State Court, Johnson County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Pierce, Taylor and Budrow |
Indiana AG |
Indiana State Court, Clay County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| Principal Reduction Group LLC |
State of Arizona ex rel. Terry Goddard, Attorney General |
Superior Court of Arizona, County of Maricopa |
n/a |
Arizona sued PRG over failure to assist homeowners in state modify their loans. |
Arizona v. Principal Reduction Group LLC. |
No. CV2010-033072 |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Queen Creek Mortgage LLC |
State of Arizona ex rel. Terry Goddard, Attorney General |
Superior Court of Arizona, County of Maricopa |
n/a |
Arizona AG seeks to hold defendant liable for deceptive trade practices. |
Arizona v. Queen Creek Mortgage LLC |
No. CV-2010-033073 |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Residential Relief Foundation, Inc. |
Federal Trade Commission |
U.S. District Court for the District of Maryland |
n/a |
FTC sued the defendant alleging that they failed to assist consumers with modifying their loans. |
Fed’l Trade Comm’n v. Residential Relief Found., Inc. |
No. 1023234 |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| US Foreclosure Relief Corp. |
Federal Trade Commission |
U.S. District Court for the Central District of California |
$1,800,000 |
FTC sued company over failure to adequately assist consumers in modifying their loans. |
Fed’l Trade Comm’n v. US Foreclosure Relief Corp. |
No. 09-cv-768 |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| US Homeowners Relief |
Federal Trade Commission |
U.S. District Court, Central District of California |
n/a |
Suit regarding loan modifications. |
Fed’l Trade Comm’n v. U.S. Homeowners Relief Inc. |
No. SACV10-01452 JST |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| US Homeowners Relief |
Indiana AG |
Indiana State Court, Johnson County |
n/a |
Defendant sued over illegally promising to save homes from foreclosure or providing a 100 percent guarantee. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp |
| US Loan Auditors, Inc., My US Legal Services, Inc., James Donald Sandison, Shane Barker, Jeffrey Allen Pulvino, Sharon L. Lapin, Jonathan Gregg Stein, Does 1 through 100 |
State of California |
Superior Court of California, County of Sacramento |
$60,000,000 |
The FTC alleges that the defendants defrauded homeowners seeking to avoid foreclosure. |
California v. US Loan Auditors, Inc. |
n/a |
10/6/2010 |
www.mortgagedaily.com/LitigationForeclosureFirms121010.asp
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Washington Data Resources, Inc. |
Federal Trade Commission |
U.S. District Court for the Middle District of Florida |
n/a |
Suit regarding loan modifications. |
Fed’l Trade Comm’n v. Washington Data Resources, Inc. |
No. 09-cv-02309 |
n/a |
www.mortgagedaily.com/LitigationModificationFirms122010.asp |
| Wells Fargo |
Arizona, Colorado, Florida, Illinois, Kansas, Nevada, New Jersey, Texas, and Washington |
n/a |
$2,000,000,000 |
Wells Fargo entered into “assurance agreements” with the states in order to continue its loan modification program. |
n/a |
n/a |
n/a |
www.mortgagedaily.com/SettlementWells122010.asp |
| Wells Fargo & Co.; Wells Fargo Home Mortgage; and Wells Fargo Bank, N.A., doing business as America’s Servicing Co., Defendants. |
Keith and Ying Forster, Sonya Foster, Gregory McNutt, Wendy Scribner, Michelle Wilkinson, Dana Moody, Florin Moldovan, John Jones and Martine Sonnon-Jones, Ralph and Nancy Iannuzzi, Bryan Weisz, Alma Quezada, and Todd and Lisa Phillips, Individually and on behalf of all others similarly situated |
U.S. District Court for the Northern District of California |
$5,000,000 |
Wells Fargo accused of inducing borrowers to default as the servicer attempted to collect substantial late charges. |
Forster, et. al v. Wells Fargo & Co., et. al |
3:2010cv05321 |
11/23/2010 |
www.mortgagedaily.com/LawsuitWells112410.asp |
