Expert & Litigation Services

Teraverde Expert & Litigation Services provides expert testimony, research, rebuttal, and assistance to your counsel. Below you will find case studies of Expert & Litigation work that Teraverde has performed.

Description: Provided an expert report testimony for defendant mortgage banker in a case brought by plaintiff money center bank, which demanded repurchase of loans made under a particular loan program.  Opined as to whether certain information was material to the credit decision at the time the loan was made.  Case is pending.


Description:  Provided research, rebuttal and assisted in settlement negotiations defending a commercial bank in threatened litigation regarding repurchase matters with a Government Sponsored Enterprise.  Obtained a very favorable global settlement for all loans sold to GSE in exchange for cash consideration from bank.


Description:  Provided expert research, rebuttal and assisted counsel in regulatory matters for a federally chartered bank in threatened cease and desist and civil money penalty enforcement proceedings initiated by a federal regulator.  At issue were allegations of unsafe and unsound lending practices involving a concentrated portfolio of stated income loans.  The matter was resolved in favor of the bank.


Description: Provided expert testimony at trial in an eminent domain theory by a municipality to acquire certain rights, title and interests in and to property owned by defendant.  Expert opinions regarding propriety of commercial appraisals from various appraisers, and the valuation metrics employed by commercial lenders.  Verdict for the defendant in amount of $21 million.


Description:  Provided expert research, rebuttal and assisted in settlement negotiations defending a commercial bank in litigation involving alleged misrepresentations and repurchase matters in a federal court case filed by a plaintiff money center bank.  Obtained a favorable global settlement and mutual release for all loans sold to money center bank in exchange for cash consideration from client.


Description:  Provided expert research, rebuttal and assisted in settlement negotiations defending a commercial bank in threatened litigation involving alleged misrepresentations and repurchase matters with a large national correspondent lender.  Obtained a favorable global settlement and mutual release for all loans sold to the correspondent lender in exchange for cash consideration from client.


Description:  Provided expert research and assistance to counsel for a mortgage banker regarding alleged theft of mortgage banking trade secrets and confidential information in both physical and electronic form alleged by a plaintiff bank.   Expert advice as to whether the information at issue had economic value in the mortgage banking industry.  Case is pending.


Description:  Provided expert research, statistical analysis and assistance to counsel for a national private mortgage insurance underwriter in litigation regarding alleged breaches of master private mortgage insurance agreements undertaken by a money center federally insured bank servicing loans on behalf of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.  The matter was settled to the satisfaction of the client.


Description:  Provided expert research, rebuttal and assisted in settlement negotiations defending a commercial bank in litigation involving alleged misrepresentations and repurchase matters with a national correspondent lender.  Obtained a favorable settlement and mutual release for certain loans sold to correspondent lender in exchange for cash consideration from client.


Description:  Provided expert research, technical assistance and statistical analysis in an alleged RESPA ‘unearned fee/kickback scheme’ civil litigation defending a commercial bank in a class action matter.   


Description:  Provided expert research, rebuttal and technical assistance to counsel of a commercial bank involving alleged mortgage fair lending violations and settlement negotiations involving restitution and consent orders with a federal banking regulator and the U.S. Department of Justice.   Consent Orders satisfactory to the client.


Description:  Provided expert research and technical assistance to a commercial bank involving potential litigation threatened by certain loan production branch managers involving branch manager compensation matters and reimbursement of branch operating expenses.