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The Trump administration's plan to fire 90% of the staff at the Consumer Financial Protection Bureau has raised constitutional questions about whether courts can decide whether a president is taking "care that the Laws be faithfully executed."
June 11
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A former senior accountant at CrossCountry Mortgage claims she was let go from her job three years prior because of her age.
June 10
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A newer version of the ban would allow a consumer's original mortgage lender, current servicer or their current bank or credit union to contact them.
June 10
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A consent order issued by Washington against mortgage brokerage Xpert Home Lending accused the firm of violating the state's consumer protection law.
June 9
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A Seattle-area father and his three sons are at the center of a trade secrets lawsuit between Premier Mortgage Resources and Canopy Mortgage.
June 9
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The lender's former chief of staff alleged the non-QM lender misrepresented loan characteristics to investors and regulators, charges which were never proven.
June 6
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A stockholder previously filed a lawsuit seeking to delay the Redfin shareholder vote scheduled for June 4.
June 4
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The defunct Trident Mortgage, whose obligations were handled by Home Services of America, was accused of "systemic racism" in lending around Philadelphia.
June 3
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The mortgage player argues its servicing arm Shellpoint isn't subject to, nor did it violate lending laws including the Truth in Lending Act.
June 3
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The Department of Justice is seeking to terminate a Biden-era lending discrimination settlement with Lakeland Bank. Last month, the DOJ took similar action in a case involving Mississippi-based Trustmark National Bank.
June 2
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The company anticipates a $139.8 million contingency liability and nearly $60 million related expense in a court battle with Pine River Capital Management.
May 30 -
The regulator has postponed the building code in question, but is otherwise battling the challenge raised during the Biden administration.
May 30
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The industry leader has simultaneously staved off lawsuits over its initiative and reached a settlement with one brokerage which allegedly violated its terms.
May 29
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The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts.
May 28
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Regulators say the Mississippi-based depository satisfied the terms of the $5 million settlement it reached with Biden administration officials in 2021.
May 27
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The regulator says its prior amicus brief, which cited the Fair Debt Collection Practices Act and sided with borrowers, was no longer valid.
May 27
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Rocket Companies and Redfin argue in court filings that a lawsuit seeking to delay their merger is motivated by the plaintiff's personal gain, not concern for investors.
May 19
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Firing 90% of the Consumer Financial Protection Bureau's staff and stripping it down to "the statutory studs" is lawful, an attorney for the CFPB told an appeals court.
May 16
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The Virginia man filed a false tax return in 2021 claiming an $18.3 million refund, working with a co-conspirator to defraud a real estate agent.
May 16
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The closely watched case centers on bank allegations the government corporation promised certain reverse-mortgage assets in return for funding then reneged.
May 14
