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Third-Quarter 2012 Mortgage Litigation Index

Modifications Lawsuits

Third-Quarter 2012 Mortgage Litigation Index
Actions tied to loan modifications and modification firms.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Date of Activity Link to Story
JPMorgan Chase & Co Thousands of borrowers U.S. District Court, District of Massachusetts na Motion to dismiss denied. In re: JPMorgan Chase Mortgage Modification Litigation 11-md-02290 na 7/27/2012 www.mortgagedaily.com/LitigationModifications020513.asp
Saxon Mortgage Services Ranujoy and Deborah Pandit U.S. District Court for the Eastern District of New York na Court ruled plaintiffs could proceed with class action lawsuit. na na Aug. 2011 9/18/2012 www.mortgagedaily.com/LitigationModifications020513.asp
WELLS FARGO BANK, NA, INC. et al., Defendants DENNLY R. BECKER, et al., Plaintiffs U.S. District Court, E.D. California na Plaintiff’s motion for certification denied. DENNLY R. BECKER, et al., Plaintiffs,  v  WELLS FARGO BANK, NA, INC. et al., Defendants 2:10-cv-02799 LKK KJN PS na 9/20/2012 www.mortgagedaily.com/LitigationModifications020513.asp
First Universal Lending LLC Federal Trade Commission U.S. District Court Southern District of Florida $18,800,000 Checks mailed to victims. Federal Trade Commission v. First Universal Lending, LLC, a limited liability company, Sean Zausner, individually and as owner, officer, or manager of First Universal Lending, LLC, David Zausner, individually and as owner, officer, or manager of First Universal Lending, LLC, and David J. Feingold, individually and as officer or manager of First Universal Lending, LLC 09-CV-82322, FTC File No. 092 3130 Nov. 2009 August www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
La Paz Source LLC State of Arizona na na Complaint filed. na na August August www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
Making All Homes Affordable LLC, Albert Figueroa State of Arizona na na Complaint filed. na na 8/15/2012 8/15/2012 www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
Statewide Financial Group Inc. State of California Superior court of the State of California County of Orange $4,000,000 Settlement reached. THE PEOPLE OF THE STATE OF CALIFORNIA, Plaintiff, v. STATEWIDE FINANCIAL GROUP, INC., a California corporation doing business as US Homeowners Assistance; US Homeowners PRESERVATION CENTER, INC., a California corporation; HAKIMULLAH SARPAS, an individual; ZU MA AZARZAI, an individual; SHARON FASELA, an individual; Rasha Yehia Melek: an individual; and Does 1 through 100, inclusive, Defendants 30-2009-00125950 June 2011 7/23/2012 www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
Alex P. Soria United States of America U.S. District Court for the District of Nevada na Guilty plea. na na na 8/28/2012 www.mortgagedaily.com/LitigationForeclosureFirmsCriminal101512.asp
Andrea Ramirez, Christopher Paul George, Michael Bruce Bates, Crystal Taiwana Buck, Michael Lewis Parker, Catalina Deleon, Hamid Reza Shalviri, Yadira Garcia Padilla, Mindy Sue Holt, Iris Melissa Pelayo, Albert DiRoberto United States of America U.S. District Court for the Central District of California $7,000,000 Arrests. na na na 9/21/2012 www.mortgagedaily.com/LitigationForeclosureFirmsCA101512.asp
David and Minerva Chaidez Young na Las Vegas Justice Court 5 na Initial court appearance. na na na 9/14/2012 www.mortgagedaily.com/LitigationForeclosureFirmsCriminal101512.asp
Ziad Nabil Mohammed Al Saffar, Sara Beth Bushore Rosengrant, Daniel Al Saffar United States of America U.S. District Court for the Southern District of California $30,000 Al Saffar sentenced to 21 months, 2 other defendants sentenced to home detention. na na na 7/23/2012 www.mortgagedaily.com/LitigationForeclosureFirmsCA101512.asp
Rodney Getlan na na $400,000 Guilty plea. na na na 9/6/2012 www.mortgagedaily.com/LitigationCriminalForeclosures112012.asp
Chance Edward Gordon Consumer Financial Protection Bureau U.S. District Court for the Central District of California na Temporary restraining order issued. Consumer Financial Protection Bureau, Plaintiff, v. Chance Edward Gordon, an individual, and also d/b/a Gordon & Associates, The Law Offices of Chance E. Gordon, The Law Offices of C. Edward Gordon, The C.E.G. Law Firm, National Legal Source, Resource Law Center, Resource Law Group, and Resource Legal Group; The Gordoan Law Firm, P.C., a professional corporation; Abraham Michael Pessar, an individual; Division One Investment and Loan, Inc., a corporation, and also d/b/a Division One Business Solutions, D1 Companies; Division One, Division 1, Home Savers National, D1 Marketing Solutions and Relief Council; and Processing Division, L.L.C., a limited liability company, and also d/b/a Qualification Intake Department, Division One, The Relief Network, and Relief Network; Defendants 12CV 06147-RSWL na 7/18/2012 www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
Kenneth Carl McCurd and Tanya Louisa Wilson, individually, and doing business as Lender Exchange, Defendants State of North Carolina, ex rel. Roy Cooper, Attorney General In the General Court of Justice, Superior Court Division na Complaint filed. State of North Carolina, ex rel. Roy Cooper, Attorney General, Plaintiff, v. Kenneth Carl McCurd and Tanya Louisa Wilson, individually, and doing business as Lender Exchange, Defendants 23CV013285 9/21/2012 9/21/2012 www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
The Community Mortgage Assistance Program, Koy Lyn Chiu State of North Carolina, ex rel. Roy Cooper, Attorney General In the General Court of Justice, Superior Court Division na Complaint filed. State of North Carolina, ex rel. Roy Cooper, Attorney General, Plaintiff, v. The Community Mortgage Assistance Program, and Koy Lyn Chiu, Defendants 23CV013286 9/21/2012 9/21/2012 www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
Tidewater Financial Solutions, LLC, and Elaine M. Madej, individually and in her capacity as Manager of tidewater Financial Solutions, LLC State of North Carolina, ex rel. Roy Cooper, Attorney General In the General Court of Justice, Superior Court Division na Complaint filed. State of North Carolina, ex rel. Roy Cooper, Attorney General, Plaintiff, v. Tidewater Financial Solutions, LLC, and Elaine M. Madej, individually and in her capacity as Manager of tidewater Financial Solutions, LLC, Defendants 23CV013284 9/21/2012 9/21/2012 www.mortgagedaily.com/LitigationForeclosureFirms101512.asp
OCWEN LOAN SERVICING, LLC DIVINIA ABIGAIL BARROSO Court of Appeals of California, Second District, Division Four na Trial court order sustaining demurrer reversed. DIVINIA ABIGAIL BARROSO, Plaintiff and Appellant, v. OCWEN LOAN SERVICING, LLC et al., Defendants and Respondents B229112 na 8/21/2012 www.mortgagedaily.com/LitigationForeclosuresCa091712.asp
WELLS FARGO BANK, N.A., as trustee for the MLMI Trust Series 2005-FM1, Appellee ANASTASIOS ZERVAS and DINA ZERVAS, Appellants District Court of Appeal of Florida, Second District na Foreclosure judgment reversed on appeal. ANASTASIOS ZERVAS and DINA ZERVAS, Appellants, v. WELLS FARGO BANK, N.A., as trustee for the MLMI Trust Series 2005-FM1, Appellee 2D11-750 na 7/18/2012 www.mortgagedaily.com/LitigationForeclosuresFl090512.asp


Q2 2012 modification lawsuits

Q1 2012 modification lawsuits

Q4 2011 modification lawsuits

Q3 2011 modification lawsuits

Q2 2011 modification lawsuits

Q1 2011 modification lawsuits

Q4 2010 modification lawsuits

Q3 2010 modification lawsuits

Q2 2010 modification lawsuits

Q1 2010 modification lawsuits


Q4 2009 modification lawsuits


Q3 2009 modification lawsuits


Q2 2009 modification lawsuits

 

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