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An appeals court ruling last week found that the Consumer Financial Protection Bureau's funding structure violates the Constitution, but another court filing shows how the agency might fight back.
October 26
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The parent company Ocwen is contesting the award from the arbitrator, who ruled the company made a false offer to the borrower.
October 21
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The companies formed a partnership in 2019, in which the lender would handle mortgage processing, underwriting and closing for the digital-only bank.
October 20
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The U.S. Court of Appeals for the 5th Circuit overturned a lower court's ruling, declaring the agency's funding structure and its 2017 payday lending rule invalid.
October 20
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Some of the hacks in question are confirmed to have impacted millions of customers, while the full scope of other incidents have yet to be disclosed.
October 19
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A Wisconsin taxpayers group asked the U.S. Supreme Court to block President Biden's student-loan relief plan from taking effect, accusing him of usurping the power of Congress and costing taxpayers potentially more than $1 trillion.
October 19
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The lender has been largely unresponsive in at least three other federal lawsuits from firms seeking recourse in mortgage contracts.
October 18
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The agreement includes roughly $300 million in restitution, and a $100 million civil money penalty that will be one of the largest in New Jersey's history if it receives court approval.
October 17
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The company accused of raiding competitors' offices across the country recently launched two scathing countersuits.
October 13
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The class action complaint includes 23 plaintiffs accusing the firms of failing to protect their information, including Social Security numbers, in a cyberattack which lasted 41 days.
October 5
