Law and legal issues

A title company says a UWM leader called one of its settlement statements "stupid" in criticizing its fees in front of a large audience at UWM Live last year.

Lenders are still frequent targets of the class action complaints over unwanted mortgage solicitations, violations that have netted litigants big paydays.

Three more states passed title fraud legislation this past quarter, but over two dozen states are either still mulling reforms or have no relevant statutes.

The award is one-third of the $26 million settlement the parent company of three servicers agreed to earlier this year to settle claims from a 2021 data breach.

Residents who filed a class action lawsuit say the title insurer is unfairly profiting from their home data on its DataTree platform, without their consent.

The plaintiff accuses Catalyst Mortgage of violating the federal Telephone Consumer Protection Act through unsolicited telemarketing texts.

A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.

Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.

The lender, which has fought the nonpayment accusations since 2020, will give over $3.8 million to over 200 past and current employees involved in the case.

Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.

A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.

Small businesses located near HUD's historic headquarters claimed the department's decision violated laws requiring that its offices stay in Washington, D.C.

Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.

Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.

The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.

The Supreme Court found that President Donald Trump did not provide Lisa Cook requisite due process when he sought to remove her from the Fed last year, and for that reason denied the White House's motion to remove her immediately.

A consumer was moving to certify a class of thousands of borrowers who paid the telephone mortgage payment fees to a subsidiary the servicer acquired.

Nearly one-third of states now have official nonbank standards for liquidity, capital and corporate governance that firms over a certain threshold must meet.

If approved, the deal can provide relief for the approximately 662,000 individuals affected by an incident at the mortgage vendor last November.

Critics of the OCC's broad preemption stance say the OCC is resurrecting an approach Congress curtailed after the financial crisis, setting up another Supreme Court test over the balance between federal banking powers and state consumer protections.