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Courts

Coming Up:
Build-A-Broker Summit
Webinar
Sep 01, 2026
12PM ET
loanDepot Faces Class Actions Over Cybersecurity Breach

Lawsuits allege failure to prevent data breach and seek class status, while customers worry about potential misuse of stolen information.

Courts
National Labor Relations Board Judge Rules United Wholesale Mortgage Contract Violates Labor Laws

Pending approval, UWM ordered to revise contract; faces allegations of unlawful restrictions on employee rights.

Regulation and Compliance
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Legal Actions Mount Against Fidelity National Financial And LoanCare Following Cyberattack Exposing Customer Data

Lawsuits allege negligence and delayed disclosure of the breach, with plaintiffs seeking class action status and monetary damages for affected individuals.

Courts
CrossCountry Seeks To Overturn $10.7M Award In Guild Mortgage Dispute

Legal battle escalates as CrossCountry Mortgage challenges arbitrator's decision, citing excessive award calculation and venue dispute in high-stakes employment conflict.

Courts
loanDepot's $3.5 Million Settlement Gets Preliminary Nod Amid Investor Opposition

U.S. district judge scheduled to sign off on the settlement in April.

Courts
Former Movement Mortgage Executive Files $13 Million Counterclaim

Deran Pennington, a former top sales executive at Movement Mortgage, alleges that Movement breached his contract by failing to pay his full compensation.

Courts
Justice Department Sues Texas Developer For Targeting Hispanic Consumers With Predatory Loans And Misleading Ads

The Justice Department and Consumer Financial Protection Bureau allege Colony Ridge used social media to exploit immigrants' homeownership dreams, leading to high foreclosure rates and economic hardship in Hispanic communities.

Regulation and Compliance
Courts
Massive Data Breach Impacts Nearly 15 Million Mr. Cooper Customers

Mr. Cooper discloses cybersecurity incident after 14.7 million customers' data is compromised; lawsuits and identity-protection measures follow.

Courts
State Regulators Challenge Federal Preemption In Supreme Court Filing

CSBS and AARMR allege federal overrach in Cantero v. Bank of America.

Courts
Regulation and Compliance
Rocket Companies Seeks Dismissal Of Reddit-Fueled Meme Stock Lawsuit

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.

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