The proposed class of investors has accused the parent company of Rocket Mortgage and its executives of misleading shareholders in 2021 through statements about the lender's growth.
Courts
As legal complexities intensify following Sprout Mortgage's shutdown, a U.S. Bankruptcy Judge intervenes, halting settlement funds and escalating legal actions against former executives.
Ex-employee alleges racial discrimination, verbal and physical assault by co-workers.
Reverse mortgages provide a lifeline to older borrowers.
West Virginia homeowners file class action claiming unlawful charges for phone payments, amid growing scrutiny of extraneous "junk fees" in mortgage servicing.
Non-bank loan originator retains certified status, and pledges continued commitment to equal opportunity lending.
Customers sue Dallas-based mortgage servicer alleging negligence in safeguarding personal data from cyberattack.
Federal court grants preliminary approval for settlement alleging unlawful charges for mortgage payments made online or by phone.
Jacques Poujade preyed on investors with false promises of IPO riches, leading to millions in losses.
Initiative tackles lending discrimination in communities of color; Ameris Bank in Florida settles for $9 million over redlining allegations.