Law and legal issues

Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.

In a motion to dismiss UWM's suit, Ramon Walker argues the trademark infringement claim made by UWM is a "pretext to muzzle [his] criticism."

The two major government-related mortgage buyers' clarifications on real estate commissions take a path similar to that of the Federal Housing Administration.

The mortgage lender is requesting for a former VP of Mortgage Lending to pay back over $500,000.

A doctrine giving some executives an extra layer of protection from depositions didn't apply amid conflicting testimony about the leader's actions, a magistrate ruled.

The servicer charges borrowers $25 to obtain a payoff quote statement.

Industry stakeholders predict the bombshell allegations around how United Wholesale Mortgage does business will impact customer sentiment and could lead to more regulatory oversight.

After gaining access to On Q systems via vendor software, unknown parties were able to obtain and remove client personal information, including Social Security numbers.

A hedge fund-backed newsroom accused the industry giant of overcharging borrowers by hundreds of millions of dollars through "corrupt UWM loyalist" brokers.

The order in the Cenlar loan modification case highlights what courts may look for in qualified written request responses, something other servicers like Specialized Loan Servicing also are contending with in litigation.

This is the second suit related to United Wholesale Mortgage's All-In initiative to get recommended for dismissal in a federal court.

A federal judge in Texas sided with bank trade groups, agreeing that bank regulators might have overstepped their authority in reforming parts of the Community Reinvestment Act.

The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.

Equity is entitled to a little over $70,000 worth of damages.

UWM kicked off the new year as the number one lender in the U.S. in overall and wholesale production as well as purchase mortgage originations, but it has not been all smooth sailing.

As part of the settlement, Loandepot will beef up its appraisal policies and practices, it announced.

The defunct company has agreed to pay deferred compensation and transfer back a building to the father and son duo who sued in August.

Loan officers expressed concerns about stepping on the toes of their referral partners.