IndyMac Subprime Related Lawsuits

For those interested in the kinds of allegations being made in subprime-related lawsuits brought by homeowners and others from all over the country involving IndyMac Bank as one of the named defendants, the following links will take you to copies of some of the actual lawsuits filed against this lender. These lawsuits are made available online courtesy of the Center for Responsible Lending ("CRL"), and are all referenced in an investtigative report CRL recently issued on IndyMac.

Alleged Bait & Switch Tactics (among other allegations):

1. Ferguson v. IndyMac Bank, U.S. District Court for the Eastern District of New York, February 14, 2008;
2. Howard v. Countrywide Home Loans Inc., U.S. District Court for the District of Columbia, 2008;
3. Elouise Manuel v. American Residential Financing, Inc., et al, Superior Court of Gwinnett County, Georgia, 2008;
4. Zurawski v. Mortgage Funding Corp., U.S. District Court for the District of New Jersey, 2008;
5. Hartman v. Deutsche Bank National Trust Co., U.S. District Court for the Eastern District of Pennsylvania, 2007;
6. Mitchell v. IndyMac Bank, U.S. District Court for the Eastern District of Virginia, 2008;
7. Brannan v. IndyMac Bank, U.S. District Court for the District of Colorado, 2006;
8. Darling v. IndyMac Bancorp, U.S. District Court for the District of Maine, 2006;
9. Harris v. Vinson Mortgage Services, U.S. District Court for the Eastern District of Missouri, 2008;
10. George v. IndyMac Bank, U.S. District Court for the Central District of California, 2008;
11. Thomas v. DCI Mortgage Bankers, U.S. District Court for the District of New Jersey, 2007;
12. Glover v. Equity Source, U.S. District Court for the District of New Jersey, 2007;

Alleged Racial Discrimination:

1. Mables v. IndyMac Bank, (seeks class action status) U.S. District Court for the Northern District of Illinois, 2008;

Alleged Inflated Appraisals:

1. Cedeno v. IndyMac, U.S. District Court for the Southern District of New York, 2006;

Alleged Falsified Paperwork:

1. George v. IndyMac Bank, U.S. District Court for the Central District of California, 2008;
2. Ware v. IndyMac Bank, U.S. District Court for the Northern District of Illinois, 2007;

Alleged Funding of Loans For Developer in an Area Known as a Hotbed for Mortgage Fraud Without Proper Due Diligence:

1. Gaines v. Parisi, U.S. District Court for the Middle District of Pennsylvania, 2006;

Shareholder Class Action Lawsuit citing Alleged Questionable Lending Practices:

1. Tripp v. IndyMac Bancorp, Inc., U.S. District Court for the Central District of California, 2007.

For the recently issued CRL report on IndyMac Bank, see IndyMac: What Went Wrong? (How an “Alt-A” Leader Fueled its Growth with Unsound and Abusive Mortgage Lending).

For other posts on homeowners using Federal & state consumer protection statutes to try and undo bad mortgage loans, Go Here, Go Here, and Go Here. undo mortgage loans TILA batallion subprime lawsuits, subprime lender lawsuits