|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed |
Link to Story |
| The Debt Advocacy Center, LLC, a limited liability company, Smith, Gromann & Davidson, P.A., Creditlawgroup, an Interstate Partnership of Professional Associations, a Florida general partnership fomerly known as Smith & Gromann, an Interstate Partnership of Professional Associations and doing business as Smith & Gromann, P.A., Credit Services Alliance, Inc., a corporation, Edward J. Davidson, individually and as Chief Executive Officer of The Debt Advocacy Center, LLC and as an owner of Smith, Gromann & Davidson, P.A. |
Federal Trade Commission |
U.S. District Court for the Northern District of Ohio Eastern Division |
n/a |
Plaintiff FTC’s lawsuit alleges that Defendants offered forensic audits where they reviewed loan documents for violatons of law that would give borrowers leverage in negotiating loan modifications or short sales. Defendants allegedly made false claims of success and charged upfront fees even though their services were unlikely to assist borrowers. |
FTC v. The Debt Advocacy Center, LLC et al. |
Case: 1:09-cv-02712-CAB |
9-Nov |
www.mortgagedaily.com/ForensicAudits060110.asp |
| William Vargas |
State of Nevada |
na |
$21,000 |
Mortgage modification scam in which up-front fees were charged in return for modification services which were not performed. |
na |
na |
na |
www.mortgagedaily.com/LitigationForeclosureFirms061610.asp |
| Carl T. and Margaret Lupica |
When Wells Fargo Bank, N.A. |
District Court of Appeal of Florida, Fifth District |
na |
Appeals court overturned trial court’s denial of motion to cancel foreclosure. |
WELLS FARGO BANK, N.A. v. LUPICA |
Case No. 5D09-2902 |
na |
www.mortgagedaily.com/LitigationForeclosure061610.asp |
| Washington Mutual |
Lori and Mark Pestana |
na |
$5,000,000 |
Settlement in case where defendant accused of telling borrowers to skip payments to qualify for modification. |
na |
na |
na |
www.mortgagedaily.com/LitigationForeclosure061610.asp |
| Countrywide Home Loans, BAC Home Loans Servicing and Fannie Mae |
Bradford Corder |
Kanawha Circuit Court, W.V. |
na |
Complaint alleges predatory lending and abusive servicing were responsible for the foreclosure on plaintiff’s home. |
Corder v. Countrywide et al. |
Case No. 10-C-698 |
na |
www.mortgagedaily.com/LitigationForeclosure061610.asp |
| GMAC Mortgage Corp. |
American Residential Equities LLC |
U.S. District Court for the Southern District of Florida |
NA |
Mortgage investor files suit against GMAC alleging mismanagement of assets by mortage servicer |
American Residential Equities LLC v. GMAC Mortgage Corp. |
na |
na |
www.mortgagedaily.com/LawsuitGmac061510.asp |
