Courts
Battle between Elon Musk and Sam Altman highlights risks around control, data, and incentives as lenders deepen reliance on AI tools
Complaint points to earlier higher bids and disclosure gaps in CrossCountry deal
Lawsuit claims Ishbia, UWM gained access to confidential communications in Mel Tucker probe
DFI cites escrow, foreclosure, and borrower communication failures tied to 125+ complaints
Judge orders UWM CEO Mat Ishbia to sit for four-hour deposition as lender files emergency motion to stop testimony
Federal suit claims a California borrower’s credit was pulled without permission during a refinance inquiry
The lawsuit claims loanDepot used an illegal compensation plan that steered borrowers toward higher-priced loans
Court finds funds were capital contributions, not loans; awards treble damages for statutory conversion
Brody | Gapp expands its footprint with three key hires, enhanced litigation capabilities, and increased industry leadership across the mortgage finance sector
Powell pushes back on DOJ subpoenas, warns of political pressure on Fed independence in the face of threatening a criminal indictment