November 8, 2012
WRRV is pleased to announce a $3,000,000 class action settlement in Gilmor, et al. v. Preferred Credit Corporation, et al., Case No. 4:10-cv-00189-ODS. Impac Mortgage Holdings, Inc., IMH Assets Corporation, Impac Funding Corporation, Impac Secured Assets Corporation, Wingspan Portfolio Advisors, LLC (collectively, “Impac Defendants”) have agreed to pay $3,000,000 to settle the claims of 303 class […] Read More
November 8, 2012
WRRV is pleased to announce a $214,534 class action settlement in Gilmor, et al. v. Preferred Credit Corporation, et al., Case No. 4:10-cv-00189-ODS. Countrywide Home Loans, Inc. and BAC Home Loans Servicing, L.P. have agreed to pay $214,534 to settle the claims of 19 class members who obtained 11 loans that were serviced by Countrywide Home […] Read More
August 24, 2012
August 21, 2012 WRRV is pleased to announce that the Court has preliminarily approved a $68,300,000.00 class action settlement in Beaver v. U.S. Bank National Association, Case No. 1216-CV21345. U.S. Bank National Association and Wilmington Trust Company, trustees of 26 trusts and the 26 trusts (collectively “Trust Parties”) have agreed to pay $68,300,000 to settle the […] Read More
August 24, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
August 21, 2012
WRRV is pleased to announce that the Court has preliminarily approved a $68,300,000.00 class action settlement in Beaver v. U.S. Bank National Association, Case No. 1216-CV21345. U.S. Bank National Association and Wilmington Trust Company, trustees of 26 trusts and the 26 trusts (collectively “Trust Parties”) have agreed to pay $68,300,000.00 to settle the claims of over 3,000 […] Read More
August 21, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
August 21, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
May 29, 2012
Thompson v. Sovereign Bank, N.A. is a class action lawsuit filed to facilitate the settlement of claims asserted against Sovereign Bank, N.A., in five separate class action cases. Each of those cases alleges that now-defunct sub-prime mortgage lenders violated the Missouri Second Mortgage Loan Act by charging illegal fees in connection with residential second mortgage loans […] Read More
May 29, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
May 29, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
May 29, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
May 29, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
May 29, 2012
Since 1979, lenders have been allowed to charge exceptionally high interest rates on residential second mortgage loans secured by Missouri real estate (sometimes called “home equity loans”). In fact, since 1998, the Missouri Second Mortgage Loan Act has allowed unlimited interest rates on those loans. However, in exchange for allowing lenders to charge what would otherwise be […] Read More
April 11, 2012
WRRV is please to announce a $3,500,000 class action settlement in Gilmor, et al. v. Preferred Credit Corporation, et al., Case No. 4:10-cv-00189-ODS. The Preferred Trusts and Credit Suisse First Boston Mortgage have agreed to pay $3,500,000 to settle the claims of 91 class members who obtained 51 loans that were assigned and sold to the […] Read More
March 14, 2012
WRRV is pleased to announce that they have settled the claims of 94 putative class members against only Defendants, Residential Funding Company (“RFC”) and/or GMAC Mortgage (“GMAC”), with respect to 70 of the loans at issue in Mayo v. GMAC Mortgage, LLC, et al., Case No. 4:08-CV-00568-W-DGK. The class action settlement resolves the claims of […] Read More
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