|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Liberty Mutual Insurance Co., Zurich American Insurance Co. and Fidelity & Deposit Company of Maryland |
Fannie Mae |
U.S. District Court for the District of Columbia |
$131,000,000 |
Defendants were dismissed from suit that involves alleged fraud perpetrated by US Mortgage Corp. |
Federal National Mortgage Association, Plaintiff, v. Certain Underwriters at Lloyd’s London, Et Al, Defendants |
1:10-cv-01775 (BAH) |
10/20/2010 |
11/18/2011 |
www.mortgagedaily.com/LitigationMI122911.asp |
| Deutsche Bank AG, subsidiary MortgageIT |
United States of America |
U.S. District Court for the Southern District of New York |
na |
Deutsche’s motion to dismiss denied. |
United States of America v. Deutsche Bank AG et al. |
1:11-cv-02976-LAK |
5/3/2011 |
12/21/2011 |
www.mortgagedaily.com/LitigationSecondary012612.asp |
| David Findel |
na |
na |
$11,994,000 |
Defendant sentenced to 2 years in prison for bankruptcy fraud following a 63-month sentence for mortgage and secondary fraud. |
na |
na |
na |
12/12/2011 |
www.mortgagedaily.com/LitigationCriminal122011.asp, www.mortgagedaily.com/LitigationCriminal103111.asp |
| Joseph W. Traxler |
United States of America |
U.S. District Court for the District of Minnesota |
$20,000,000 |
Centennial Mortgage and Funding CFO pleads guilty. |
na |
na |
na |
10/27/2011 |
www.mortgagedaily.com/MctPleaCentennial102711.asp |
| Mark Alan Helsing |
na |
na |
$6,900,000 |
Defendant was sentenced to 15 years prison for stealing $6.9 million from 12 investors in a Ponzi and real estate fraud scheme. His companies were Sea View Investments, HLHS Financial Services Inc., Foothill Realty and Sea View Mortgage. |
na |
na |
na |
12/16/2011 |
www.mortgagedaily.com/LitigationCriminal122011.aspwww.mortgagedaily.com/LitigationCriminal122011.asp, www.mortgagedaily.com/LitigationCriminal103111.asp |
| Manuel Garcia |
United States of America |
U.S. District Court for the District of New Mexico |
$585,244 |
Guilty plea from owner of Keyworth Mortgage Funding Group for deceiving First Community Bank. |
United States of America, Plaintiff, vs. Manuel Garcia, Defendant |
1:11-cr-01530-BB |
6/7/2011 |
10/14/2011 |
www.mortgagedaily.com/LitigationSecondary012612.asp |
| Countrywide Financial Corp. |
National Integrity Life Insurance Co. |
U.S. District Court, Southern District of New York |
$93,800,000 |
Complaint filed alleging abandonment of guidelines by defednat on 24 securitizations. Lawsuit seeks to force defendant to repurchase the certificates. |
National Integrity Life Insurance Co. vs. Countrywide Financial Corp. et al |
11-08077 |
11/9/2011 |
na |
www.mortgagedaily.com/LitigationMbs121211.asp |
| EMC Mortgage LLC |
Wells Fargo |
Delaware Chancery Court |
na |
Plaintiff seeks to force defendant to repurchase 800 bad mortgages included in Bear Stearns Mortgage Funding Trust 2007-AR2 |
na |
na |
Sep. 2011 |
na |
www.mortgagedaily.com/LitigationMbs102511.asp |
| James G. “Jay” Temme, Stewardship Fund LP |
Securities and Exchange Commission |
na |
$35,000,000 |
Emergency court order freezes Temme’s assets. |
na |
na |
na |
Oct. 2011 |
na |
| Bank of America |
U.S. Bank, N.A. as trustee for HarborView Mortgage Loan Trust Series 2005-10 |
U.S. District Court for the Southern District of New York |
$1,750,000,000 |
Continuance granted to BofA for more time to respond to complaint. |
U.S. Bank National Association v. Countrywide Home Loans, Inc. et al. |
1:11-cv-06223-LTS |
8/29/2011 |
Nov. 2011 |
www.mortgagedaily.com/LitigationSecondary012612.asp |
