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Courts
Coming Up:
Better Deploys Poison Pill In Escalating Fight With Garg
The shareholder rights plan adds a 15% ownership trigger while the former CEO solicits shareholder consent to remove five of Better’s eight directors
Better Sues Garg After His Claimed Voting Majority Falls Short
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
Two Harbors Responds To UWM Lawsuit; Ishbia Reassures Brokers
Two Harbors disputes UWM’s claims and questions its $603.2 million derivatives loss, while Ishbia says the wholesale lender has never been stronger
UWM Seeks More Than $500M From Two Harbors After Failed Deal
Lender alleges Two Harbors undermined their merger and steered the company toward CrossCountry, turning a costly acquisition failure into a federal court fight
UWM Previews Bid To Dismiss Rocket’s $100M Servicing Lawsuit
UWM argues Refi75 was permissible mass advertising
Kortas Secures Sole Ownership Of NEXA Lending
The settlement ends a multiyear legal battle between the co-founders of NEXA Lending
OneTrust Sues EMC, UWM, Former Employees Over Alleged Loan Diversion Scheme
The complaint alleges former employees secretly funneled borrower information and loan opportunities to EMC and UWM
UWM Held In Contempt As Judge Again Orders Ishbia Deposition In ‘All-In’ Case
Court says lender failed to comply with prior discovery order, imposes attorney-fee sanctions
Judge Orders MRED To Restore Zillow Listing Feed In Escalating Antitrust Fight
Federal ruling temporarily puts Chicagoland listings back on Zillow and Trulia while broader battle over listing control and mortgage distribution continues
Rocket Sues UWM, Alleging MSR ‘Clawback’ Campaign Violated Non-Solicitation Agreement
Rocket claims UWM sold Mr. Cooper servicing rights, then allegedly used broker incentives and refi tools to target the same borrowers