National Mortgage News6d
Mortgage industry lawsuits: Rocket, PNC and CFPB actions
Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...
American Banker26d
CFPB's lawsuits against banks: Five cases to watch in 2025
Rocket Mortgage, and three of the largest banks — Bank of America, JPMorgan Chase and Wells Fargo. The timing of the lawsuit against Zelle, filed just before Christmas, sparked a backlash by banks ...
Hosted on MSN29d
BBB: CFPB sues Rocket Homes to prevent alleged ‘kickback scheme’
This comes after a CFPB investigation found that The Mitchell Group allegedly referred thousands of clients to Rocket Mortgage and Amrock from 2019 to 2024 by “giving things of value to real ...
No magic ‘wand’ for the GOP in scrapping consumer rules
A flurry of recent actions by the Consumer Financial Protection Bureau has left Republicans seething about “midnight ...
The Floridian14d
Biden’s Final Move: Abuse Power and Expand Government Control
The Biden Administration has not held back on rulemaking and regulatory action in its final months, making sure to leave an ...
Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...