Most Recent Law and legal issues News

Rising inflation drives requests for foreclosure advice

Rising inflation drives requests for foreclosure advice

What’s at Stake: Mortgage servicers may need to plan for an incoming wave of distressed borrower workloads if prior trends...

  • 166
Citizens sues SoFi as fights over talent, pipelines persist

Citizens sues SoFi as fights over talent, pipelines persist

Citizens Bank is suing SoFi Bank for poaching its loan officers and loan pipelines, in a new lawsuit that shows...

  • 175
States sue OCC over mortgage escrow interest pre-emption

States sue OCC over mortgage escrow interest pre-emption

A group of state attorneys general, led by Oregon and New York, are suing the Office of the Comptroller of...

  • 121
Top-producing loan officer pleads guilty to bank fraud

Top-producing loan officer pleads guilty to bank fraud

Former top producer Christopher J. Gallo has pleaded guilty to a federal fraud charge for allegedly falsifying loan documents during...

  • 109
Better Mortgage agrees to settlement in underwriter wage case

Better Mortgage agrees to settlement in underwriter wage case

Better will pay millions of dollars to hundreds of current and former underwriters to settle a lawsuit over unpaid wages. ...

  • 149
Title agent accused of rebranding to evade fraud penalty

Title agent accused of rebranding to evade fraud penalty

First American Title Insurance Co. is suing a former agent to recover sums owed after her firm erroneously wired funds,...

  • 295
Fired Fannie Mae workers’ defamation lawsuit dismissed

Fired Fannie Mae workers’ defamation lawsuit dismissed

Dozens of fired Fannie Mae workers are mulling their next steps after a judge dismissed their defamation complaint against the...

  • 206
Warren seeks records on ‘zombie’ second mortgages after crisis

Warren seeks records on ‘zombie’ second mortgages after crisis

A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking...

  • 245
Redfin investor seeks $450k for “intense” effort, legal fees

Redfin investor seeks $450k for “intense” effort, legal fees

The Redfin investor who sued the real estate brokerage and Rocket Companies for allegedly failing to disclose key information about...

  • 458
Feds drop redlining consent order for Trustmark National Bank

Feds drop redlining consent order for Trustmark National Bank

Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation.  The Jackson,...

  • 452