Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title |
Case Number
|
Date Filed |
Link to Story |
Chase Home Finance, CitMortgage, Inc., Countrywide Home Loans, Inc., Fifth Third Bank, GMAC Mortgage Corp., Provident Funding Associates, L.P., Saxon Mortgage, Inc., Sovereign Bancorp, Inc., SunTrust Bank, Wachovia Bank, N.A., and Wells Fargo Home Mortgage |
Lynn E. Feldmen, Chapter 7 Trustee |
U.S. Bankruptcy Court for the Eastern District of Pennsylvania |
$26,500,000 |
Lawsuit filed by bankruptcy trustee of a company that defrauded borrowers and investors out of tens-of-millions of dollars seeks the return of more than $20 million in payments collected by the lenders during the past four years. |
Feldman v. Chase Home Finance |
No. 09-02092-ref, No. 07-21587 (REF) |
Mar. 16, 2009 |
www.mortgagedaily.com/LawsuitBkSnyder032409.asp |
Leib Pinter |
United States of America |
na |
$44,000,000 |
Principal of servicer forgot to pass on $44 million in proceeds from refinanced loans to Fannie and was sentenced to more than eight years in prison. |
na |
na |
Mar. 19, 2009 |
www.mortgagedaily.com/FraudOlympia031909.asp |
U.S. Mortgage Corp; CU National Mortgage LLC |
Picatinny Federal Credit Union |
U.S. Bankruptcy Court for the District of New Jersey |
$14,000,000 |
Credit union claims that more than $14 million in mortgages it owned were fraudulently sold. |
Picatinny Federal Credit Union v. U.S. Mortgage Corp. |
Case No. 09-14301 (RG) |
Mar. 3, 2009 |
www.mortgagedaily.com/LawsuitCuNational031809.asp |
Countrywide Home Loans |
Gary and Jessica Raymond |
Merrimack County Superior Court, New Hampshire |
na |
Couple who lost home to foreclosure allege that Countrywide claims publicly to provide loan modifications but denied them — committing breach of good faith, fraud, negligence and misrepresentation. |
na |
na |
na |
www.mortgagedaily.com/LawsuitCountrywideModification011509.asp |
Bruce M. Rose; Carrington Asset Holding Company, LLC; Carrington Investment Partners, LP; Carrington Investment Partners (US), LP; and Carrington Capital Management, LLC |
American Home Mortgage Servicing, Inc. |
Connecticut Superior Court, Judicial District of Stamford |
na |
Carrington, which invested in the lowest subprime MBS tranches is accused of devising an illegal scheme to force the American Home into unnecessarily holding on to repossessed properties much longer than necessary. |
American Home Mortgage Servicing, Inc. v. Rose |
No. Fst cv 09 50 10834 |
Mar. 20, 2009 |
www.mortgagedaily.com/LawsuitAmericanHome032609.asp |
American Home Mortgage Servicing, Inc. |
Carrington Asset Holding Co. LLC, Carrington Investment Partners LLP, Carrington Capital Management, LLC and Stanwich Asset Acceptance Co. LLC |
Connecticut Superior Court, Judicial District of Stamford |
na |
Carrington, which invested in the lowest subprime MBS tranches is accused of devising an illegal scheme to force the American Home into unnecessarily holding on to repossessed properties much longer than necessary. Carrington also sued. |
Carrington Asset Holding Co., LLC v. American Home Mortgage Servicing, Inc. |
No. FST-CV-09-5010295-S |
Feb. 10, 2009 |
www.mortgagedaily.com/LawsuitAmericanHome032609.asp |