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Courts
Coming Up:
Fathom Realty Settles In NAR Class-Action Lawsuit
Subsidiary of Fathom Holdings settles for $2.95M
Ally Bank Faces Class Action Lawsuit Over Data Breach
The class members claim Ally Financial was negligent in safeguarding consumers' personal information
NewDay USA Ordered To Pay $2.25 Million Fine
CFPB penalizes lender for allegedly misleading VA borrowers
CFPB Takes Action Against Fay Servicing For Unlawful Foreclosures, Violating Court Order
The order mandates a $5 million payment in redress and penalties, imposes compensation limits on CEO Edward Fay
Big Money, Big Changes
It’s the end of ‘Business as usual’ for real estate agents as they know it. Loan officers can aid in the transition.
loanDepot Dismisses Movement Mortgage Poaching Case
A lawsuit filed by loanDepot in 2023 accused Movement Mortgage of illegally luring away 25 employees over a three-month period in 2021.
U.S. Senate Committee Approves Full Funding For Ginnie Mae
The Community Home Lenders of America (CHLA) released a statement lauding the approval.
HUD Charges Rocket Mortgage, Appraisers Of Race Discrimination
HUD announced its charge of multiple entities on Monday, citing a biased appraisal and a denied refinance loan application in Denver.
CFPB Scores Statutory Victory In Townstone Redlining Case
Seventh Circuit affirmed CFPB's authority to discourage discrimination against prospective applicants
Supreme Court Overturns Chevron Deference, Shaking Up Regulatory Landscape
The 40-year-old decision has been the basis for upholding thousands of regulations by dozens of federal agencies.