Courts

Coming Up:
Former Sprout Employees Get Caught In The Middle

As legal complexities intensify following Sprout Mortgage's shutdown, a U.S. Bankruptcy Judge intervenes, halting settlement funds and escalating legal actions against former executives.

Courts
Former Employee Files Discrimination Lawsuit Against United Wholesale Mortgage

Ex-employee alleges racial discrimination, verbal and physical assault by co-workers.

Courts
Courts
loanDepot Faces Class Action Over Alleged Extra Fees

West Virginia homeowners file class action claiming unlawful charges for phone payments, amid growing scrutiny of extraneous "junk fees" in mortgage servicing.

Courts
Change Lending Resolves U.S. Treasury Dispute, Continues to Serve Underserved Borrowers

Non-bank loan originator retains certified status, and pledges continued commitment to equal opportunity lending.

Courts
Mr. Cooper Group Faces Federal Class Action Lawsuits Following Cybersecurity Breach

Customers sue Dallas-based mortgage servicer alleging negligence in safeguarding personal data from cyberattack.

Courts
Mr. Cooper Group Faces $3.6 Million Settlement Approval In Class Action Over Unlawful Servicing Fees

Federal court grants preliminary approval for settlement alleging unlawful charges for mortgage payments made online or by phone.

Courts
Tri-Emerald Realty CFO Sentenced To Over 5 Years For $6.2M Fraud Scheme

Jacques Poujade preyed on investors with false promises of IPO riches, leading to millions in losses.

Courts
Justice Department Secures Over $107 Million In Redlining Relief

Initiative tackles lending discrimination in communities of color; Ameris Bank in Florida settles for $9 million over redlining allegations.

Courts
Shareholder Lawsuit Challenges Rithm's Bid For Sculptor Capital Management

Former execs, including Dan Och, argue the $676 million deal prioritizes CEO Jimmy Levin's interests over shareholders; push for rival group's higher bid to be considered.

Courts