Law and legal issues

The firm's chief financial officer replaces Kenneth DeGiorgio, who recently pleaded not guilty in a Puerto Rico federal court to a misdemeanor assault charge.

The former underwriter, who worked for the Georgia-based lender from 2023 to 2024, claims she averaged more than 60 hours a week and was not properly compensated.

Two recent executive orders could speed up the administration's push to rollback regulations, but they also change the notice-and-comment rulemaking process.

The regulator argues the company is attempting to thwart a pending enforcement action involving an alleged discriminatory appraisal in 2021.

A federal appeals court panel seemed open to accommodating the Trump administration by putting some conditions on a preliminary injunction that has blocked it from reductions in force at the Consumer Financial Protection Bureau.

Vacating the judgment would set a dangerous precedent for new administrations to roll back unfavorable rulings, the National Fair Housing Alliance argued.

The Department of Justice said in a court filing Friday that a February stop-work order from acting Consumer Financial Protection Bureau Director Russell Vought did not entail stopping statutorily mandated work by the bureau, defying earlier testimony.

The FBI intervened in the incident, which a lawyer for the company's CEO said was a response to another man's actions.

The megaservicer is fending off a class-action lawsuit while suing its insurers for allegedly failing to indemnify it following its breach in 2023.

The systematic miscalculations diverted thousands of dollars from people who fell behind on loans, said documents filed in federal court in Brooklyn.

The bank said it will appeal the judge's ruling, which it suggested would have a chilling effect on lenders participating in such government programs.

A three-judge panel will hear an appeal by the Trump administration of a preliminary injunction that has blocked the government from dissolving the Consumer Financial Protection Bureau.

A Colorado regulator earlier this year revoked the license of the appraiser responsible for the 2021 evaluation at the center of the government's suit.

The Trump administration is leapfrogging the normal process by taking its fight over a district court injunction blocking efforts to shut down the Consumer Financial Protection Bureau to a federal appeals court, according to the CFPB workers' union.

Judges ruled that Atlantic Trust and District Lending continuing to send loans to UWM after the controversial amendment equates to accepting the ultimatum.

The Trump administration continues to battle the Consumer Financial Protection Bureau's union by seeking a stay of a preliminary injunction that reinstated the CFPB's workforce and contracts and preserved its data.

The federal district court order in Mississippi allows allegations of servicer responsibility for insurance shortcomings and excessive costs to proceed.

A federal judge granted a preliminary injunction that preserves the Consumer Financial Protection Bureau's existence, reinstates fired employees and contracts, requires data be preserved and mandates that employees go back to work.

The homeowner who filed the suit claims he now owes over $160,000 in fees on a second mortgage, which was discharged in 2007.

The Consumer Financial Protection Bureau asked a federal judge to vacate and set aside a settlement against a Chicago mortgage lender, accusing the CFPB of misconduct in a case brought under former Director Kathy Kraninger, a Trump appointee.