Law and legal issues

All of the class actions will be consolidated into a single case under plaintiff Jennifer Cabezas, who was the first of the 20 to bring a motion against the company.

The escalating case would set a new precedent if it established fiduciary duties for entities that manage securitized mortgages that pension funds invest in.

Separately, the agency said it could develop a new type of reverse mortgage securitization, and another RMF development that could affect the bank emerged.

The Supreme Court will hear oral arguments in two cases seeking to overturn the legal principle known as "Chevron deference," that could usher in a new era of litigation by corporations against government agencies.

A coalition of financial trade groups issued a joint comment letter asserting that the federal bank regulators' proposed capital rule lacked justification and evidence required by the Administrative Procedure Act, threatening legal action if regulators don't delay and significantly amend the rule.

The National Association of Realtors is facing multiple crises, including a recent blackmail threat that led to the resignation of its now-former president.

Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.

Former employees in the case sued Sprout for wages lost when it abruptly shut down. Separately, a former executive contesting a court procedure-related fine.

The finding comes days after a Summit employee filed a $9 million counterclaim against Movement Mortgage, the plaintiff firm.

The Ohio lender has seen mixed results in its court battles with the California rival, while having other similar complaints dismissed.

If convicted, spouses Noreen Khan and Chistopher Mayberry face five years in prison and a fine of up to $250,000 as well as forfeiture of their home.

Timeless Funding LLC alleges the trouble stricken mortgage lender borrowed over $300,000 and hasn't paid the full amount back. The company wants to recover close to $200,000.

The online real estate and mortgage company alleges the defendants are violating the Sherman Antitrust Act by impeding a scheduling platform it owns.

The correspondent loan buyer, which does business as Essex Mortgage, wants $700,000 in damages.

A competitor is accusing the lending giant of operating a "transition desk" dedicated to poaching loan officers and stealing trade secrets.

At least 40 former employees are in the class action, which is made up of former loan officers from Pennsylvania and New Jersey.

Workers who switched companies have disparaged their former employer to its homebuilder partners, the suit claims.

Chicago businessman David Izsak grifted several financial institutions out of $4 million by taking out phony home loans and other types of credit.

The Justice Department and the Consumer Financial Protection Bureau are suing a real estate developer over an alleged bait-and-switch land-sale scheme near Houston. The developer used TikTok and other social media sites to lure Hispanic immigrants into predatory loans, the government alleges.

Both past and present customers were impacted by the data breach.