FREEDOM MORTGAGE CORPORATION v. LOANCARE, LLC
Case Number:
1:16-cv-02569
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Companies
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June 12, 2025
Deal Ends Freedom Mortgage's Appeal Of $23M Verdict
Freedom Mortgage and a Virginia mortgage subservicer have reached a deal to resolve the mortgage company's appeal of a $23 million verdict over a subservicing agreement gone wrong, according to a Thursday filing in the Third Circuit.
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August 25, 2023
Attys Seek $19M In Fees After Win In Mortgage Servicer's Suit
A legal team led by Boies Schiller Flexner LLP asked a New Jersey federal judge to award $19 million in fees and expenses after it secured a jury win for a Virginia mortgage subservicer that accused another servicer of taking $23 million of its funds.
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July 24, 2023
NJ Jury Awards Mortgage Servicer $22.6M In Contract Spat
A New Jersey federal jury on Monday sided with a Virginia mortgage subservicer that accused Freedom Mortgage Co. of wrongfully seizing millions of dollars when it ended its contract with the company, awarding it nearly $23 million in damages.
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July 11, 2023
Mortgage Servicer's Flubs Led To $40M Loss, NJ Jury Hears
A Garden State mortgage lender is out $40 million after the company it contracted with to manage the day-to-day operations of its loans missed important deadlines, covered up errors and left foreclosed homes in disrepair, a New Jersey federal jury heard Tuesday.