Feds indict Washington Mutual mortgage fraud perpetrators-New York business litigation lawyers

Federal attorneys filed charges against 9 people for $92 million WaMu mortgage fraud scheme. New York, NY(JusticeNewsFlash.com)–The U.S. Attorney’s Office in Brooklyn filed federal charges against, real estate developer Thomas Kontogiannis plus eight other defendants in U.S. District Court in Brooklyn, New York on Thursday. Reuters reported lawyers for the federal government charged nine persons […]

Stockholders file securities fraud lawsuit against insurance executives

Stockholders at Triad Guaranty Inc., file class action lawsuit against company execs. West Palm Beach, FL (JusticeNewsFlash.com)–Stockholders for Triad Guaranty Inc., a private mortgage insurance company located in Winston-Salem, North Carolina, sued former and current company executives in a class action lawsuit last week. The lawsuit, filed in the U.S. District Court for the Middle […]

Mortgage lender settles $2.9 million discrimination lawsuit with FTC

Gateway, a mortgage lending company, agrees to pay $2.9 million settlement to FTC. Company allowed loan officers to charge overages to African-Americans and Hispanics. According to Wikipedia, www.wikipedia.org the Equal Credit Opportunity Act (ECOA) is a United States law enacted in 1974, that makes it unlawful for any creditor to discriminate against any applicant, with […]