Law and legal issues

The mortgage lender claims its Georgetown, Texas operations, where Thrive Mortgage was previously headquartered, have been "gutted."

The Justice Department has asked the high court to intervene and halt reinstatements of federal employees who were fired by the Office of Personnel Management.

Headlines over real estate sales policies, as well as economic upheaval, are having a negative impact on how insiders are seeing the market today.

A former COO at Marlin Mortgage claims the servicer transferred an MSR portfolio to a new subservicer not to benefit the investor, but for the gain of the company's CEO.

Spending cuts at the Consumer Financial Protection Bureau are the latest in a rash of reductions at the agency, complicating the regulatory future.

A Maryland judge temporarily halted mass layoffs of probationary employees at multiple agencies, citing legal violations and harm to states' ability to respond to unemployment needs.

A federal judge in Maryland ruled against the City of Baltimore's attempt to block cuts to Consumer Financial Protection Bureau program funding on procedural grounds.

A federal judge said she is inclined to issue a preliminary injunction to stop the Trump administration dismantling the Consumer Financial Protection Bureau.

In a packed courtroom, a federal judge parsed whether the Trump administration's aggressive actions to rein in the Consumer Financial Protection Bureau are part of a "normal" transition of power or would impede its statutorily required functions.

The Trump administration intended to gut the Consumer Financial Protection Bureau through a mass workforce reduction, which could be a smoking gun in a court battle with the bureau's union.

Federal Reserve Gov. Christopher Waller said the Founding Fathers supported independent money management and undoing it now would be a mistake.

Union Home Mortgage claims eight of its managers and an LO transitioned to American Pacific Mortgage, breaching a number of agreements.

A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case.

At a court hearing on Monday, lawyers for the Trump administration said statutorily required work is being done by the Consumer Financial Protection Bureau, while the union claimed the government is trying to shut the agency down.

The Consumer Financial Protection Bureau's decision to no longer pursue its enforcement action against the credit reporting bureau marks the eighth lawsuit dropped by the agency in recent days.

The union representing Consumer Financial Protection Bureau employees said in a court filing that the Trump administration's actions to reduce the agency's workforce and cut spending violate the law.

Housing finance players accused of wronging consumers slammed the lawsuits as politically motivated efforts by former Biden-era bureau director Rohit Chopra.

Mortgage lender Lower accuses New American Funding of stealing a San Antonio branch in early 2025.

Texas Capital is arguing against summary judgment, saying prior assertions about reverse mortgages' initial and subsequent draws need to be examined in court.

The Justice Department said in a legal brief that the Consumer Financial Protection Bureau will continue to exist, but said instead that the agency will have fewer employees and a reduced budget under the Trump administration.