August 22, 2023
A Massachusetts federal judge has tossed a legal malpractice suit mortgage lender PennyMac brought against an attorney who reportedly filed a class action based on a mortgage agreement he himself had advised, in what the company alleged was a clear conflict of interest.
May 08, 2023
Mortgage lender PennyMac is asking a Massachusetts federal judge to ignore the advice of a federal magistrate and keep alive a legal malpractice suit the lender says is based on a clear conflict of interest in a class action the company is facing from one of its borrowers.
April 24, 2023
A federal magistrate judge in Massachusetts recommended tossing a loan servicer's suit seeking indemnification from a law firm for a class action over mortgage fees, and stated the company failed to allege how it was harmed by a lawyer's purported failure to flag problems with a loan agreement.
November 17, 2022
Massachusetts law firm Conner & Morneau LLP on Wednesday denied malpractice claims over a bad mortgage deal, calling the suit by PennyMac Loan Services a "thinly veiled" attempt at gaining an advantage in a pending class action where its attorney is prospective class counsel.
October 18, 2022
PennyMac Loan Services filed a federal court suit on Tuesday accusing Massachusetts law firm Connor & Morneau LLP of breaching its contract when it failed to inform a borrower that parts of a mortgage violated state laws.