53 Mortgage Investor Lawsuits in 2007

[Mike Kennedy]

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-11-2008/0004753120&EDATE=

The report covers 26 types of lawsuits faced by lenders. In addition to
an overview of each of the cases, the report includes the plaintiffs, the
defendants and the links to the related stories. Some cases also include
the court venue, the amount involved and the case title.

The following table summarizes the number of cases covered in the report
by category:

Category # of Cases

Advertising 5

Appraisals 5 <<<<<<

Bankruptcy 7
Commercial 1
Copyright 3
Credit 3
Discrimination 14
Down Payment Assistance 2
Employment 16
Fees 13
Foreclosures 11
Fraud 25
Insider Trading 2
Investor 53
Licenses 2
Mergers 1
Predatory 7
Privacy 3
RESPA 5
RMBS 2
Secondary Marketing 23
Servicing 14
Suitability 1
Technology 2
TILA 6
YSP 4

The complete report is available at:
http://www.mortgagedaily.com/Litigation2007Report021108.asp?spcode=pr

 

[Crunch Hardtack]

It's going to be interesting to see how some of those suits play out.