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Ex-employees accuse Stockton Mortgage of accessing personal emails

Alabama, HWmember, Lawsuit, Legal, Lenders, Loan Officer, Mortgage /

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 […]

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Judge denies NWMLS bid to dismiss Compass antitrust suit

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Compass’s antitrust lawsuit against Northwest MLS (NWMLS) is that much closer to heading to court.  On Thursday, Judge Jamal Whitehead of U.S. District Court in Seattle denied NWMLS’s motion to dismiss the lawsuit for failure to state a claim. Originally filed in late April 2025, the lawsuit centers around NWMLS’s listing policy. As a non-Realtor-association

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FinCEN anti-money laundering rule struck down in court

Closings, Compliance, FinCEN, HWmember, Legal, Money laundering, Real Estate, Regulatory Compliance, Title, Title insurance /

A federal judge in Texas has vacated the Financial Crimes Enforcement Network’s (FinCEN) nationwide anti-money laundering rule requiring title insurance companies to report details of millions of residential real estate transactions. U.S. District Judge Jeremy Kernodle of the Eastern District of Texas decided Thursday that FinCEN exceeded its statutory authority with the rule, which took

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Compass dismisses antitrust lawsuit against Zillow over listing policy

Brokerage, Clear Cooperation, Compass, HWmember, Legal, Real Estate, Robert Reffkin, Zillow /

Compass is dismissing its antitrust lawsuit against Zillow over the listing portal giant’s listing access standards policy. The Robert Reffkin-helmed firm filed its motion to dismiss the lawsuit without prejudice, meaning that Compass could file another lawsuit against Zillow with similar claims in the future, in U.S. District Court for the Southern District of New

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eXp defendants move to toss Roberts sexual assault lawsuit ahead of April hearing

Brokerage, eXp Realty, eXp World Holdings, Glenn Sanford, HWmember, Legal, Real Estate /

The remaining defendants in the Roberts sexual assault lawsuit have all independently filed motions seeking dismissal of the case. Last week, Michael Bjorkman and David Golden, two former top recruiting agents at eXp Realty, as well as eXp World Holdings and its CEO, Glenn Sanford, all filed motions for summary judgement in the sexual assault

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Judge rejects bid to cut CFPB funding

California, CFPB, Compliance, Donald Trump, HWmember, Legal, Mortgage, Real Estate, Regulatory Compliance, Trump administration /

A federal judge has ruled that the Consumer Financial Protection Bureau (CFPB) must continue getting its funding from the Federal Reserve, dealing a setback to Trump administration efforts to effectively shut down the agency. The ruling Friday by U.S. District Judge Edward Davila in San Jose blocks acting CFPB Director Russell Vought from using a

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Federal judge blocks DOJ subpoenas targeting Federal Reserve Chair Powell

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A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation, concluding the effort appeared designed to “harass and pressure” him to lower interest rates or resign from his position. The DOJ served the

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Longbridge, Mutual of Omaha move to dismiss reverse mortgage marketing lawsuit

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Two of the nation’s largest reverse mortgage lenders, Longbridge Financial and Mutual of Omaha Mortgage, have asked a federal judge to dismiss a lawsuit over alleged improper advertising practices, ending a dispute that began in September 2024. According to a joint filing on Tuesday in the U.S. District Court for the Southern District of California,

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West Capital Lending sues loanDepot, alleges unlawful pay scheme

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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.

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Colony Ridge settlement faces court challenge in Texas

CFPB, Department of Justice, Fair Lending, Hispanic homeownership, Housing Market, HWmember, Lawsuit, Legal, Regulatory /

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

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