Courts

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

Voxtur Analytics’ bankruptcy filing has reinforced ALTA’s warning that attorney opinion letters are a fragile and inferior alternative to title insurance, raising renewed concerns about risk, liability, and consumer protection for lenders and regulators

Senior Democratic lawmakers have filed an amicus brief arguing that CFPB Acting Director Russell Vought’s reinterpretation of the agency’s funding mechanism unlawfully undermines its independence and consumer protection mandate under the Dodd-Frank Act

Legal experts say January filings drive a surge in co-owned property sales, as couples navigate split decisions under pressure

US Mortgage Corp alleges its competitor poached an entire Tulsa Branch and thousands of loan files

RealPage has reached an agreement with the DOJ (pending court approval) that resolves the government’s antitrust action over its revenue-management software used in multifamily housing

In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been financed