Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft

Mortgage lender wins $23 mln jury verdict for computer file theft.. based guaranteed rate. In its complaint, Mount Olympus claimed one of its former employees, mortgage banker Benjamin Anderson.

American Lawyer Media’s Litigation Daily featured Manatt’s trial victory on behalf of Orange County-based mount olympus mortgage Co. (MOMCo), for which the firm helped secure a .1 million verdict in a suit against Guaranteed Rate, Inc., the second-largest private mortgage bank in the country, and a former MOMCo employee.

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Lending Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft Loan officer accused of stealing loan files, taking them to new employer

Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft – A California jury ordered Guaranteed Rate to pay more than $25 million in damages to a fellow mortgage lender, Mount Olympus Mortgage Company, stemming from accusations that a former employee of Mount. Fha Back To Work Lenders How Does the fha pre-approval process work

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Guaranteed Rate ordered to pay $25M in alleged loan diversion scheme – "It was quite an elaborate scheme," said Chad Hummel, a Los Angeles-based partner with Sidley Austin who represented mount olympus mortgage. "He transferred all of the data without our consent or any. 30 year home Loan Interest Rate Today’s Thirty year mortgage rates.

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Direct Mortgage Lender with Low Rates & Low Fees. Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft – A California jury ordered Guaranteed Rate to pay more than $25 million in damages. According to Chad Hummel of Sidley Austin, which represented Mount Olympus Mortgage, given the "substantial.

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A California state jury on Tuesday awarded $25.1 million in damages to Mount Olympus Mortgage Co., finding rival mortgage lender Guaranteed Rate Inc. liable for illegally transferring hundreds of.