Windesheim v. Larocca

In 2006 and 2007, Respondents, three married couples (collectively, “Borrowers”) 1 , obtained home equity lines of credit (“HELOCs”) from Petitioners, PNC Mortgage, a division of PNC Bank, N.A. (“PNC”), and its loan officer, Suzanne Scales Windesheim (collectively, ‘Windesheim and her Employer” or “Petitioners”). Borrowers allege that these HELOC transactions were part of an elaborate “buy-first-sell-later” mortgage fraud arrangement carried out by Petitioners and numerous other Defendants. 2 In December 2011, Borrowers filed a puta tive class action lawsuit in the Circuit Court for Howard…