OCWEN LOAN SERVICING, LLC v. RADIAN GUARANTY, INC.

Civil Action No. 16-6586.

OCWEN LOAN SERVICING, LLC, et al., v. RADIAN GUARANTY, INC.

United States District Court, E.D. Pennsylvania.

January 31, 2018.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Insurance Contract
Nature of Suit: 110 Contract: Insurance
Source: PACER


Attorney(s) appearing for the Case

OCWEN LOAN SERVICING, LLC & HOMEWARD RESIDENTIAL, INC., ON THEIR OWN BEHALF AND ON BEHALF OF RESIDENTIAL MORTGAGE LOAN OWNERS AND TRUSTEES, Plaintiffs, represented by DAVID MARTIN HALBREICH, REED SMITH LLP, DAVID E. WEISS, REED SMITH LLP, MATTHEW D. ROSSO, REED SMITH LLP, BENJAMIN R. FLIEGEL, REED SMITH LLP, ROBERT C. DEEGAN, REED SMITH LLP & WHITNEY D. ROSS, REED SMITH LLP.

RADIAN GUARANTY INC., Defendant, represented by DAVID SMITH, SCHNADER HARRISON SEGAL AND LEWIS L.L.P., EMILY P. DALY, SCHNADER HARRISON SEGAL & LEWIS LLP, STEPHEN ANDREW FOGDALL, SCHNADER HARRISON SEGAL & LEWIS LLP, STEPHEN J. SHAPIRO, SCHNADER HARRISON SEGAL & LEWIS & THERESA E. LOSCALZO, SCHNADER HARRISON SEGAL & LEWIS LLP.

RADIAN GUARANTY INC., Counter Claimant, represented by DAVID SMITH, SCHNADER HARRISON SEGAL AND LEWIS L.L.P., EMILY P. DALY, SCHNADER HARRISON SEGAL & LEWIS LLP, STEPHEN ANDREW FOGDALL, SCHNADER HARRISON SEGAL & LEWIS LLP, STEPHEN J. SHAPIRO, SCHNADER HARRISON SEGAL & LEWIS & THERESA E. LOSCALZO, SCHNADER HARRISON SEGAL & LEWIS LLP.

HOMEWARD RESIDENTIAL, INC., ON THEIR OWN BEHALF AND ON BEHALF OF RESIDENTIAL MORTGAGE LOAN OWNERS AND TRUSTEES & OCWEN LOAN SERVICING, LLC, Counter Defendants, represented by DAVID MARTIN HALBREICH, REED SMITH LLP, DAVID E. WEISS, REED SMITH LLP, MATTHEW D. ROSSO, REED SMITH LLP & WHITNEY D. ROSS, REED SMITH LLP.


MEMORANDUM

The effect of the residential home mortgage crisis beginning over ten years ago now involves two companies never meeting the homeowners who lost their homes. We today review an insurer's obligations in insurance policies on 30 defaulted mortgages. The loan servicer for...

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