P. Russell Perdew

Partner at Locke Lord LLP

P. Russell Perdew

P. Russell Perdew

Partner at Locke Lord LLP

Biography

Rusty Perdew has substantial experience in complex commercial, class action, and tort litigation in jurisdictions across the country, specializing in residential mortgage litigation.Mr. Perdew represents mortgage lenders, servicers, secondary market participants (including securitizers and securitized trusts), and foreclosure trustees in individual and class action litigation. His experience includes defending against alleged violations of the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), the Fair Credit Reporting Act (FCRA and FACTA), the Equal Credit Opportunity Act (ECOA), various state False Claims Acts, provisions of the U.S. Bankruptcy Code and Bankruptcy Rules, and various state unfair and deceptive trade practices acts, as well as claims for fraud, breach of fiduciary duty, and breach of contract.Examples of Mr. Perdew’s recent cases include:Defending False Claims Act, or qui tam, cases alleging mortgage industry defendants made false statements regarding MERS to avoid paying county recorder fees; Defending lawsuits filed by counties, county commissioners, and county attorneys alleging mortgage industry defendants failed to record mortgage assignments, depriving counties of revenue and allegedly damaging the integrity of county records; Defending subpoenas and claims initiated by United States Trustees, Chapter 13 trustees, and debtors within bankruptcy proceedings; Defending various secondary mortgage participants from securities claims filed by investors in mortgage-backed securities alleging defendants made false statements regarding underwriting standards and appraisal methods; Defending class action and individual claims filed by borrowers alleging that the use of MERS as a mortgagee or beneficiary invalidates a mortgage or deed of trust; Defending class actions filed by borrowers alleging violations of TILA and other claims in connection with payment option adjustable rate loans (“Option ARM loans”); Defending class actions alleging that a pre-screened “firm offer of credit” violated the FCRA; Defending a class action alleging that a mortgage servicer violated ECOA by failing to provide an “adverse action” notice in connection with a request for a loan modification;

Overview
RelSci Relationships

1158

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Relationships
RelSci Relationships are individuals P. Russell Perdew likely has professional access to. A relationship does not necessarily indicate a personal connection.

Co-Chair, Business Technology Group at Locke Lord LLP

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Managing Partner at Locke Lord LLP

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Managing Partner at Locke Lord LLP

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Managing Partner, London Office at Locke Lord LLP

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Managing Partner at Locke Lord LLP

Relationship likelihood: Strong

Managing Partner at Locke Lord LLP

Relationship likelihood: Strong

Managing Partner at Locke Lord LLP

Relationship likelihood: Strong

Managing Partner at Locke Lord LLP

Relationship likelihood: Strong

Managing Partner at Locke Lord LLP

Relationship likelihood: Strong

Managing Partner & Hiring Partner at Locke Lord LLP

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P. Russell Perdew
Partner at Locke Lord LLP
Career History
Partner
Current

Locke Lord is a full-service, international law firm of 20 offices designed to meet clients’ needs around the world. The Firm has a history that spans more than 130 years and is a worldwide leader in the middle market sector. Locke Lord advises clients across a broad spectrum of industries including energy, financial services, fund formation, health care, insurance and reinsurance, private equity and venture capital, public finance, real estate, and technology, media and telecommunications, while providing a wealth of experience through its complex litigation, intellectual property, tax, regulatory and transactional teams.

Boards & Committees
Member, Board of Directors
Current

Locke Lord is a full-service, international law firm of 20 offices designed to meet clients’ needs around the world. The Firm has a history that spans more than 130 years and is a worldwide leader in the middle market sector. Locke Lord advises clients across a broad spectrum of industries including energy, financial services, fund formation, health care, insurance and reinsurance, private equity and venture capital, public finance, real estate, and technology, media and telecommunications, while providing a wealth of experience through its complex litigation, intellectual property, tax, regulatory and transactional teams.

Other Affiliations

P. Russell Perdew is affiliated with Locke Lord LLP, Locke Lord LLP

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