Courts

Founder says he secured more than 51% of voting power to remove five directors, pending confirmation by a third-party inspector

Court records show more than 90 loans originated through one broker using six borrower LLCs, one title agency, and two principal appraisers

Outside counsel’s fabricated citations expose a third-party oversight risk for mortgage servicers, trustees, and investors

Former CEO targets zero monthly cash burn through higher mortgage volume, AI-driven operating changes, and $2 million in monthly savings

One securities class action challenges UWM’s disclosures, while two newer stockholder suits target board oversight of the $27.5 billion derivatives position

Amended complaint adds a named broker, new loan-level figures and a claim that damages have climbed to at least $100 million

The mortgage lender portrayed its founder as unfit to lead, but Garg says it offered him a lucrative advisory role three days after firing him

The latest court order represents a significant 'mixed bag' for both sides

The shareholder rights plan adds a 15% ownership trigger while the former CEO solicits shareholder consent to remove five of Better’s eight directors

The former CEO acknowledges an “administrative error” left him without enough consents to remove five directors, but his formal campaign for board control is moving forward