|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Mortgage Guaranty Insurance Corp. |
Freddie Mac and its regulator, the Federal Housing Finance Agency |
U.S. District Court for the Eastern District of Wisconsin |
$268,000,000 |
Complaint filed. |
na |
na |
5/8/2012 |
5/8/2012 |
www.mortgagedaily.com/LitigationMI012313.asp |
| OLD REPUBLIC INSURANCE COMPANY |
Federal Deposit Insurance Corporation |
U.S. District Court for the Northern District of Ohio |
$46,000,000 |
Summary judgment awarded to plaintiff on issues that defendant couldn’t retroactively terminate policy and that defendant can’t avoid liability based on proposal terms contradictory to policy terms but remainder of plaintiff’s summary judgment motion and defendant’s motion for summary judgment denied. |
THE FEDERAL DEPOSIT INSURANCE COMPANY, as Receiver for AmTrust Bank, Plaintiffs, v. OLD REPUBLIC INSURANCE COMPANY, Defendant |
1:11-CV-371 |
2/18/2011 |
4/16/2012 |
www.mortgagedaily.com/LitigationMI012313.asp |
| Federal Home Loan Mortgage Corp., Federal Housing Finance Agency |
MGIC Investment Corp. |
U.S. District Court for the Eastern District of Wisconsin |
$535,000,000 |
Complaint filed disputing amount of aggregate loss limit under certain pool insurance policies. |
na |
na |
5/18/2012 |
5/18/2012 |
www.mortgagedaily.com/LawsuitMgicFreddie051812.asp |
| Fifth Third Bank, et al |
Christopher Manners, Jamie Young, Aimee Young |
3rd U.S. Circuit Court of Appeals |
na |
Defendant accused of taking “disguised, unlawful referral fees” or “kickbacks” from mortgage insurers. |
Fifth Third Bank, et al |
na |
4/5/2012 |
4/5/2012 |
www.mortgagedaily.com/MctLawsuit53MI040712.asp |
| Deutsche Bank AG, DB Structures Products Inc., Deutsche Bank Securities Inc., MortgageIT Inc |
United States of America |
U.S. District Court for the Southern District of New York |
$202,300,000 |
Settlement reached. Plaintiff alleged that defendant failed to comply with requirements that mortgagees monitor early payment defaults on FHA-insured mortgages and correct the problems behind them. |
na |
na |
5/3/2011 |
5/10/2012 |
www.mortgagedaily.com/SettlementDeutsche051012.asp |
| First Horizon National Corp., United Guaranty Residential Insurance Co., Genworth Mortgage Insurance Corp., Republic Mortgage Insurance Co., Radian Guaranty Inc. |
Saydei G. Barlee, Barry D. Broome |
U.S. District Court for the Eastern District of Pennsylvania |
$46,300,000 |
Suit alleges defendants schemed to mask kickbacks as part of the regular mortgage insurance paid by homebuyers. |
na |
na |
June |
June |
www.mortgagedaily.com/MctLawsuitFirstHorizon060412.asp |
| Genworth Financial Inc. |
Consumer Financial Protection Bureau |
na |
na |
Civil investigative demand. |
na |
na |
na |
6/20/2012 |
www.mortgagedaily.com/CfpbMiInvestigations080412.asp |
| Radian Group Inc. |
Consumer Financial Protection Bureau |
na |
na |
Civil investigative demand. |
na |
na |
na |
June |
www.mortgagedaily.com/CfpbMiInvestigations080412.asp |
| United Guaranty Corp. |
Consumer Financial Protection Bureau |
na |
na |
Civil investigative demand. |
na |
na |
na |
June |
www.mortgagedaily.com/CfpbMiInvestigations080412.asp |
| MGIC Investment Corp., Mortgage Guaranty Insurance Corp. |
Department of Housing and Urban Development |
U.S. District Court for the Western District of Pennsylvania |
$540,000 |
Settlement reached over maternity leave discrimination. |
UNITED STATES OF AMERICA v. MORTGAGE GUARANTY INSURANCE CORP. et al |
2:11-cv-00882-RCM |
7/5/2011 |
4/30/2012 |
www.mortgagedaily.com/SettlementMgic050112.asp, www.mortgagedaily.com/SettlementBoa060812.asp, www.mortgagedaily.com/LitigationFairLending060412.asp |
| Mortgage Guaranty Insurance Corp. |
Carly F. Neals |
U.S. District Court for the Western District of Pennsylvania |
$42,500 |
Potential settlement disclosed. |
NEALS v. MORTGAGE GUARANTEE INSURANCE CORPORATION |
2:10-cv-01291-DSC-RCM |
10/1/2010 |
4/30/2012 |
www.mortgagedaily.com/SettlementMgic050112.asp |
