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Courts

Coming Up:
Build-A-Broker Summit
Webinar
Sep 01, 2026
12PM ET
Former Cornerstone Executive Alleges Ethnic Discrimination, Retaliation By Top Brass

Texas-based bank accused of discrimination.

Courts
Justice Department Settles with American Bank of Oklahoma Over Tulsa Redlining Allegations

Settlement aims to address lending discrimination in historically Black neighborhoods, including sites of the 1921 Tulsa Race Massacre.

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Better Home & Finance Sued For $1.86 Million Over Unpaid Advertising Fees

Newly-public digital mortgage lender faces legal battle with Meredith Operations Corporation for alleged breach of contract.

Courts
CFPB Seeks $2.7B Settlement Against Credit Repair Firms For Unlawful Telemarketing Fees

Group of largest credit repair organizations face historic penalties following illegal advance fee collection.

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AmeriFirst Files Chapter 11 Bankruptcy

CEO continues to actively recruit loan officers, a source confirms.

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Townstone Financial Responds to CFPB's Redlining Suit Appeal

Industry attorneys forecast uphill battle for bureau which lost at district court level.

Courts
Nomura Securities Enters Agreement Over RMBS Fraud

U.S.-based subsidiary of Nomura Holdings agrees to $35 million settlement and restitution with DOJ following investigation into fraudulent trading.

Courts
CFPB Fines Freedom Mortgage $1.75 Million For Illegal Kickbacks

Lender provided incentives to Realty Connect and other brokerages in exchange for mortgage referrals.

Courts
Shareholders Of Fannie Mae, Freddie Mac Awarded $612 Million

Victory comes after a previous trial ended in a hung jury.

Courts
UBS Settles RMBS Lawsuit For $1.435 Billion

Resolves 2018 civil action alleging misconduct related to UBS’ underwriting of securities

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