Mortgage-related litigation hit a three-year high during this year’s first quarter according to a recent report. The increase was fueled partly by a jump in cases involving companies suing each other, as opposed to cases between lenders and homeowners.
There were 155 active state and federal cases during the first quarter of 2010, according to the Mortgage Litigation Index, a study issued jointly by Washington, D.C.-based Patton Boggs and MortgageDaily.com on Wednesday. That compares with 134 in 2009′s fourth quarter and 81 cases during last year’s first quarter.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
