Anderson and another former Mount Olympus originator who now works for Guaranteed Rate, Brian Decker, were accused of stealing loan files, borrower information and other proprietary data from the Irvine, Calif.-based lender. "The purpose of the scheme was to divert hundreds of MOMCo loan customers to Guaranteed. The Individual Defendants misappropriated MOMCo's confidential and proprietary information and directed MOMCo customers to Guaranteed," the lawsuit, filed in an Orange County, Calif., superior court, reads.
The complaint alleges the pair acted with the encouragement of Chicago-based Guaranteed Rate. more
