Law and legal issues

Both lenders are also parties to separate, ongoing poaching lawsuits.

But attorneys for the small Chicago-based mortgage company remained defiant and actually welcomed the Bureau's move.

Former employer NFM Lending filed a lawsuit claiming the pair breached their contracts by soliciting customers and co-workers at their new jobs.

The title insurer was the third of the big four companies to come to an agreement with New York Attorney General Letitia James in an ongoing investigation.

Convicted former MBA Chairman Ron McCord and his Oklahoma-based company settled CapLoc's allegations that they put fraudulent loans on a funding line.

The company's rejection of the plan cost the homeowners a competitive rate last year as interest rates soared, their attorney alleged.

The company asserts that a settlement in a different case already released the claims at issue related to representations made in the Home Affordable Modification Program.

A federal appeals court ruled in favor of the Consumer Financial Protection Bureau, setting up a court split ahead of a highly anticipated Supreme Court hearing in October. The Fifth Circuit previously ruled that the agency's funding mechanism violates the Constitution's separation of powers doctrine.

The lawsuit alleges the Pennsylvania-based lender also attempted to solicit and induce other franchisees to leave.

Former employees impacted by layoffs claim the Illinois-based lender did not give them a 60-day notice as required by the WARN Act.