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Lawsuit

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New Jane Doe files sexual assault suit against Alexander brothers

February 27, 2025 by bp56691
A woman claims she was drugged and raped by Tal and Alon Alexander at their shared residence in the summer of 2010.
Categories Alexander brothers, HWmember, Lawsuit, Legal, Real Estate

Judge clears way for federal layoffs, including at the CFPB and VA

February 21, 2025 by bp56691
A judge cleared the path for mass layoffs of federal workers, including at the CFPB, by ruling against a Treasury Employees Union lawsuit.
Categories CFPB, Donald Trump, Housing Market, HUD, HWmember, Lawsuit, Politics, Regulatory, Veterans Administration

Massachusetts AG sues Hometap over ‘illegal reverse mortgage’

February 20, 2025 by bp56691
Massachusetts’ attorney general alleges that Hometap’s equity investment product is deceptive and constitutes an “illegal” reverse mortgage. Hometap calls the suit “meritless.”
Categories CFPB, HECM, Hometap, HWmember, Lawsuit, Legal, Massachusetts, Reverse

Fair housing nonprofit sues Scott Turner, HUD over ‘DEI’ orders

February 19, 2025 by bp56691
Three civil rights groups filed a lawsuit against President Trump and his administration over elimination of federal grants perceived as DEI.
Categories DEI, HWmember, Lawsuit, Legal, Politics, Trump Administration

Judge blocks CFPB firings amid Treasury labor union lawsuit

February 15, 2025 by bp56691
A federal judge temporarily blocked the mass firing of CFPB employees on Friday as part of a lawsuit filed by federal employee trade unions.
Categories CFPB, Donald Trump, HWmember, Lawsuit, Politics

Optionality of NAR’s no-commingling rule takes center stage at REX appeal hearing

February 14, 2025 by bp56691
Originally filed by REX in March 2021, the lawsuit alleges that changes made to Zillow’s website “unfairly hides certain listings, shrinking their exposure and diminishing competition among real estate brokers.”
Categories Department of Justice, HWmember, Lawsuit, Legal, national association of realtors, Real Estate, REX, Zillow

Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit

February 6, 2025 by bp56691
The lawsuit and countersuit alleging deceptive reverse mortgage marketing practices has seen key deadlines pushed to the end of March and mid-April, respectively.
Categories California, HWmember, Lawsuit, Legal, Longbridge Financial, Mutual of Omaha Mortgage, Reverse

Judge grants delay in TCB suit against Ginnie Mae as government seeks summary judgment

January 29, 2025 by bp56691
The government seeks summary judgment, saying that a prior ruling from the presiding judge is ‘fatal’ to TCB’s remaining claims.
Categories Ginnie Mae, HECM, HMBS, HUD, HWmember, Lawsuit, Legal, Reverse, Reverse Mortgage Funding, Texas Capital Bank

Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?

January 28, 2025 by bp56691
Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.
Categories HWmember, Lawsuit, Legal, Mortgage, Mortgage Servicing, Mr. Cooper Group, Servicing

CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

January 27, 2025 by bp56691
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
Categories CFPB, HECM, Home Equity, HWmember, Lawsuit, Mortgage, Regulatory, Reverse
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