Law and legal issues

A National Fair Housing Alliance-led group plans to amend and refile a recently dismissed complaint against Deutsche Bank, Ocwen Financial Corp. and Altisource Portfolio Solutions alleging racial discrimination in property preservation.

The bank recently notified an upstate New York man that he was wrongly denied a mortgage modification, and enclosed a $25,000 check. But details of what went wrong have been hard to come by.

Amrock is calling for a new trial in its dispute with HouseCanary following a judge's denial of its motion to reverse an earlier decision in HouseCanary's favor.

HSBC will pay $765 million to settle allegations that it sold defective residential mortgage-backed securities in the run-up to the financial crisis, resolving one of the London-based bank's last significant legal challenges with the U.S. government.

A judge denied the settlement terms in a TCPA lawsuit against Ocwen Financial Corp. over concerns that the proposed $17.5 million payment was insufficient.

State officials have lost two rounds in a lawsuit that says California improperly diverted money intended for homeowners to make payments on housing bonds.

Advocates are seeking more federal funding for affordable housing. A federal investigation into the banks’ alleged manipulation of a popular tax-credit program can’t be helping their cause.

The investors initially won the right to sue as a group in 2015 before an appeals court reversed the ruling; the $13 billion lawsuit can now proceed as a class action.

Paul Manafort turned to Jared Kushner for help in an attempt to secure a Trump administration job for a Chicago banker at the center of Manafort’s fraud trial.

A ruling involving a Cleveland law firm casts doubt on CFPB claims that attorneys misrepresent their role to consumers.