A Florida appeals court has ruled that funds available but not yet withdrawn from a reverse mortgage line of credit are protected under the state’s homestead exemption and cannot be garnished. The March 25 decision by the Fourth District Court of Appeal found that a creditor could not force a homeowner to access unused funds […]
Florida court shields unused reverse mortgage credit from garnishment Read More »
Two former loan officers have sued Stockton Mortgage Corp., alleging the company illegally accessed their personal email accounts and used private messages in separate litigation against them. Christopher Hoehn and Ashley Hoehn filed the complaint on Wednesday in the U.S. District Court for the Northern District of Alabama. They claim that Stockton and unidentified employees
Ex-employees accuse Stockton Mortgage of accessing personal email accounts Read More »
A coalition of 16 attorneys general has filed a lawsuit against the U.S. Department of Housing and Urban Development (HUD), alleging the agency is attempting to force states to weaken their housing discrimination protections. The dispute centers on written guidance issued by HUD in September to state and local agencies that participate in the Fair
16 attorneys general sue HUD over fair housing guidance Read More »
West Capital Lending (WCL) has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act (TILA). The lawsuit, filed Friday in the U.S. District Court for the Central District of California, marks the latest escalation in a bitter legal feud between the two companies.
West Capital Lending sues loanDepot, alleges unlawful pay scheme Read More »
Fair housing and immigrant advocacy groups are urging a federal court in Texas to reject a proposed settlement between Colony Ridge Development LLC and federal agencies over alleged predatory lending practices. The groups say that key provisions of the agreement are “unlawful, unnecessary and unrelated to the underlying case.” Under the proposed terms, Colony Ridge
Colony Ridge settlement faces court challenge in Texas Read More »
The Campaign for Accountability (CfA), a nonpartisan watchdog group, has filed a lawsuit against the Federal Housing Finance Agency. The group alleges the FHFA failed to comply with a Freedom of Information Act (FOIA) request that sought access to a report prepared by FHFA Director Bill Pulte about Federal Reserve Chair Jerome Powell. CfA submitted
Watchdog lawsuit seeks FHFA records tied to Powell subpoenas Read More »
A federal judge this week refused to block a special purpose credit program (SPCP) designed to reduce the racial homeownership gap across Washington state, rejecting a constitutional challenge brought by nonprofit Foundation Against Intolerance and Racism (FAIR). U.S. District Court Judge John H. Chun denied FAIR’s request for a preliminary injunction to halt the Covenant
Judge upholds Washington state’s special purpose credit program Read More »
Rocket Mortgage has sued a California mortgage brokerage and one of its executives, alleging they knowingly submitted fraudulent loan applications that concealed borrowers’ debts and caused financial losses after the loans were sold to investors. In a complaint filed Tuesday in the U.S. District Court for the Eastern District of Michigan, Rocket Mortgage said Sharp
Rocket Mortgage alleges $194,000 loss in broker fraud lawsuit Read More »
A former corporate attorney is accusing Michigan-based United Wholesale Mortgage (UWM) of retaliation and wrongful termination after he refused to sign attorney opinion letters (AOLs) in states where he was not licensed. The plaintiff claims the requirement stemmed from a policy change implemented in November. A spokesperson for UWM said in a statement to HousingWire
Former UWM attorney sues for wrongful termination over title letter signing policy Read More »
A federal judge in New York has consolidated multiple lawsuits stemming from a data breach at SitusAMC Holdings Corp. in November 2025, combining a newly filed case with an existing class-action suit to streamline proceedings. On Wednesday, Judge Lewis J. Liman of the U.S. District Court for the Southern District of New York granted an
Judge consolidates SitusAMC class actions after November data breach Read More »