Lenders spar over poaching case involving father and sons

A pair of billion-dollar originators are sparring over poaching accusations which were allegedly orchestrated by a father and his sons.

Idaho-based Premier Mortgage Resources is suing Canopy Mortgage for unspecified damages over a family’s alleged recruitment of their former PMR colleagues, and loans-in-progress, to Canopy. The Utah-based Canopy has asked a Washington federal court to dismiss the lawsuit, largely because it lacks details.

The complaint identifies 10 unnamed defendants, but blames the family for the scheme. They are Curt Lillibridge, a former PMR area manager; Riley Lillibridge, a branch manager; and Keil and Cameron Lillibridge, which the lender says were former loan officers. None of the Lillibridges are identified in the filing as defendants.

According to PMR, the…