Published On: March 1, 2013
Mortgage Insurance Lawsuits
Fourth-Quarter 2012 Mortgage Litigation Index
| Lawsuits tied to mortgage insurance.
|
|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Mortgage Guaranty Insurance Corp. |
Freddie Mac, Federal Housing Finance Agency |
U.S. District Court for the Eastern District of Wisconsin |
$268,000,000 |
Settlement reached. |
na |
na |
5/8/2012 |
December |
www.mortgagedaily.com/LitigationMI012313.asp |
| na |
The PMI Mortgage Group |
na |
na |
“Well-known private equity investor” indicates interest in making investment and reorganizing company. |
In. re. The PMI Mortgage Group |
na |
11/23/2011 |
December |
www.mortgagedaily.com/PmiInvestor120512.asp |
| WASHINGTON MUTUAL, INC., WASHINGTON MUTUAL BANK, WASHINGTON MUTUAL BANK FSB, and WM REINSURANCE MORTGAGE REINSURANCE COMPANY |
ROBERT ALEXANDER and JAMES LEE REED |
UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA |
$4,000,000 |
Class action settlement approved by court. |
ROBERT ALEXANDER and JAMES LEE REED, individually and on behalf of all others similarly situated v. WASHINGTON MUTUAL, INC.; WASHINGTON MUTUAL BANK; WASHINGTON MUTUAL BANK FSB; and WM REINSURANCE MORTGAGE REINSURANCE COMPANY |
2:07-cv-04426-TON |
na |
12/4/2012 |
www.mortgagedaily.com/BankruptcyCorporateLawsuits4q2012.asp |
| Old Republic International Corp., various lenders |
na |
U.S. District Court for the Eastern District of California, U.S. District Court for the Eastern District of Pennsylvania, U.S. District Court for the Western District of Pennsylvania |
na |
Nine class action complaints filed by the same law firms over captive reinsurance between 12.9.11 and 10.3.12. |
na |
na |
10/3/2012 |
10/3/2012 |
www.mortgagedaily.com/LitigationMI012313.asp |
| Wells Fargo Bank, N.A. |
United States of America |
U.S. District Court for the Southern District of New York |
$192,000,000 |
Defendant’s motion to dismiss denied. |
U.S. v. Wells Fargo Bank N.A. |
12-cv-07527 |
10/9/2012 |
11/29/2012 |
www.mortgagedaily.com/LawsuitWellsFha100912.asp |
| Mortgage Guaranty Insurance Corp. |
Carly Neals (80 total) |
na |
$1,015,000 |
Maternity discrimination class action setted. |
na |
na |
Jul. 2011 |
11/29/2012 |
www.mortgagedaily.com/MctSettlementMgic112912.asp |
|
|
Q3 2012 mortgage insurance lawsuits
Q2 2012 mortgage insurance lawsuits
Q1 2012 mortgage insurance lawsuits
Q4 2011 mortgage insurance lawsuits
Q2 2011 mortgage insurance lawsuits
Q1 2011 mortgage insurance lawsuits
4th quarter 2010 mortgage insurance lawsuits
1st quarter 2010 mortgage insurance lawsuits
4th quarter 2009 mortgage insurance lawsuits
2nd quarter 2009 mortgage insurance lawsuits
1st quarter 2009 mortgage insurance lawsuits |
