Law and legal issues

While plaintiffs allege there were misleading executive statements, the megalender pins early 2021 trading volatility on social media users briefly encouraged by the rocket emoji.

The magistrate ordered a fine and possible detainment for a former company president now working for another lender.

The judge also sealed a document in the lawsuit the AARP Foundation joined but the defendants still must produce fee codes in the proposed class action.

The lender has sued 59 former employees in state court to recoup over $4.3 million in combined sign-on bonuses.

The former mortgage professionals say they routinely worked nights and weekends in excess of 60 hours a week.

Brokerage giants, reeling from a billion-dollar judgment against them a month ago, face another major trial next year.

In 2019, the vendor accused the California-based originations and servicing shop of copying its mortgage processing system.

To date, all of the lawsuits accuse the servicer of failing to secure and safeguard customers personal identifiable information.

The case is the second filing in West Virginia this year involving similar fees, as courts and regulators nationwide look to crack down on the servicing practice.

A complicating factor is that many consumers do not understand how their real estate agent – on either the buy- or sell-side – actually gets paid, Clever Real Estate found.