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Courts
Coming Up:
Involuntary Bankruptcy Petition Halts Sprout Settlement
Creditors seek $1.35M from Sprout by filing Chapter 7 petition in New York court.
Homepoint Sues 7 Correspondent Lenders Over Repurchases
Claims breaches of contract; seeking more than $4.6 million in restitution.
FTC Delays Hearing On ICE-Black Knight Merger
Rescheduled for September to allow federal court to rule on injunction first.
loanDepot: Movement Mortgage Poaching 'Crippled' Some Branches
Lender sues Movement, claiming it illegally lured away 25 employees in 6 states.
Ex-Employee Sues The Change Co., Claims It Falsifies CDFI Info
Former chief of staff to CEO says company is 'mischaracterizing the race, ethnicity, and income level' of borrowers.
Rocket Mortgage Sued Over Telemarketing Calls, Texts
Lender dismisses lawsuit, filed in federal court in Calif., as 'baseless.'
Judge Grants Preliminary Ruling For loanDepot In CrossCountry Poaching Suit
Ruling determines loanDepot likely to succeed in trade secrets claims.
Class Action Lawsuit Targets SPAC In UWM Merger
Shareholder claims Gores Holdings IV mislead investors in deal that took UWM public.
HUD Charges 7 Firms, 6 People In N.Y. With Mortgage Relief Fraud
Accuses them of tricking people of Caribbean heritage to forfeit title to their homes.
Sprout Agrees To Settle Lawsuits Over Unpaid Wages For $3.5M
Deal would compensate former employees left unpaid when lender abruptly closed July 6.