June 20, 2012
First American Title Insurance Co. on Wednesday lost a bid to overturn a Michigan federal jury's $2.3 million verdict over its liability for a fraudulent mortgage loan issued by now-defunct Washington Mutual Bank.
October 27, 2011
First American Title Insurance Co. lost a bid in Michigan federal court Wednesday to minimize damages it owes the Federal Deposit Insurance Corp. as receiver for Washington Mutual Bank, in a suit holding First American liable for a sham mortgage that cost WaMu $4.5 million.
June 10, 2011
A federal judge in Michigan ruled Friday that First American Title Insurance Co. was liable to Washington Mutual Bank receiver the Federal Deposit Insurance Corp. for losses sustained in a $4.5 million sham mortgage.
April 11, 2011
JPMorgan Chase Bank NA on Monday settled its Michigan federal court suit accusing First American Title Insurance Co. of breaching an agreement related to a sham mortgage that cost now-defunct Washington Mutual Bank $4.5 million.
February 10, 2011
First American Title Insurance Co. has said the Federal Deposit Insurance Corp. lost its right to enforce an obligation to reimburse Washington Mutual Bank NA for a $4.5 million mortgage scam following WaMu's post-bankruptcy sale to JPMorgan Chase Bank NA.