General World News

CrossCountry challenges court order in Gallo mortgage fraud case

CrossCountry Mortgage (CCM) filed a motion last week as it seeks to intervene in the criminal case against former loan officer Christopher Gallo, and to vacate a November court order that blocked the company’s arbitration claim against the former employee.

National Mortgage News first reported the legal action.

According to the Dec. 3 filing, the Cleveland-based lender is asking the court to let it intervene to challenge the stay and allow the process from the American Arbitration Association (AAA) to move forward. CrossCountry’s lawyers also point to a recent Third Circuit Court of Appeals ruling that questions the government’s authority in details ⇒

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