Law and legal issues

The pending agreement would resolve claims over a 2021 hack which affected 5.8 million customers of Lakeview, Community, and Pingora Loan Servicing.

Rocket denied the allegations, saying the lawsuit is a retread of a case the Consumer Financial Protection Bureau filed that was quickly dismissed.

A California consumer who applied for a refinance in November says he was unaware his data, including financial details, was shared with advertisers.

United Wholesale Mortgage, which was sued twice in December for alleged violations, put the blame for some text messages on an independent mortgage broker.

President Donald Trump's recently filed lawsuit against megabank JPMorganChase and its CEO Jamie Dimon is not expected to succeed in court, legal experts say.

The class action complaint describes, from a real estate agent's perspective, how the company allegedly pushes borrowers toward its in-house lending arm.

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.

The wholesale giant, fully entangled in the legal fight over a six-figure bonus, emphasized it's only the title sponsor of the broker trade group.

The Supreme Court Wednesday appeared skeptical of the Justice Department's argument that removal of a Federal Reserve governor is unreviewable or that the president's preference for Fed governors outweighs the harm to the Fed from curbing the central bank's political independence.

The Consumer Financial Protection Bureau has backed off enforcement and supervision of consumer protection laws, leaving states to fill the void — and potentially creating a "patchwork" of state laws that banks will have to comply with.

The industry vendor SitusAMC has not publicly disclosed how many consumers, nor how many banks and lenders, were impacted in a cyberattack last fall.

A Florida man's racketeering class action case accuses two mortgage employees of conspiring with a homebuilder to facilitate fraudulent construction draws.

The Senate allowed the nomination of a permanent director of the Consumer Financial Protection Bureau to lapse, giving acting Director Russell Vought more time to lead the agency on a temporary basis.

Defendants argued the vendor doesn't operate a pricing algorithm, and said some of the implicated home loan players never used the software.

The deal still faces a lawsuit from activist investor HoldCo Asset Management, which contends that Comerica didn't properly shop itself before agreeing to sell to Fifth Third.

The accusations, relating to the lender's marketing programs, including trips for brokers as things of value, stem from a larger racketeering complaint.

The government-sponsored enterprise is under fire from dozens of the more than 100 workers it fired last spring for allegedly committing fraud.

Developing class action cases could corral hundreds of thousands of plaintiffs in fights against lenders who allegedly defrauded customers and employees.

The professionals can't originate loans in their local cities for various stretches, following a federal judge's ruling granting most of the lender's wishes.

U.S. District Judge Amy Berman Jackson said the administration must request funds from the Federal Reserve, rejecting a Trump DOJ legal theory.