Mortgage backed security repurchases
Successfully defended mortgage originator in bellwether indemnification claim concerning mortgage backed security repurchases. This litigation involved significant loan-level underwriting questions, yet a favorable resolution was reached based upon novel statute of limitations defense.
Auto lender class action
Defended automobile lender against class action claim brought under Maryland closed-end credit statute with significant amount in controversy. This litigation involved claims of illegal repossessions and failure to make required disclosures to consumers as required by statute.
Unfair trade practice claim
Obtained dismissal for national bank in Fair Credit Reporting Act claim concerning information furnisher liability for reporting of a credit card account. Obtained dismissal of unfair trade practice claim under a novel theory that credit card lenders are excepted from statutory reach as “banks.”
Mortgage debt collection
Obtained dismissal of class action claim alleging that client used deceptive mortgage debt collection tactics as part of foreclosures under Fair Debt Collection Practices Act. Protracted argument led to a published opinion explaining that the plaintiff lacked standing to challenge a mortgage assignment.
Mortgage settlement class action
Defended national bank against class action charge of illegal mortgage settlement kickback scheme in high-profile litigation involving multiple institutional defendants.