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Lawsuits

The Unexpected Winners of UWM’s Ultimatum

The Unexpected Winners of UWM’s Ultimatum

UWM’s broker ultimatum may have lowered rates for borrowers who never used UWM or Rocket. Plus, the shrinking mortgage rate-collusion case against Optimal Blue, MSR transaction trends, the non-QM leaderboard & more

Jul 13, 2026

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5 min read

'He Did It Again': Another Mortgage Shop Tied to Michael Strauss Has Collapsed

'He Did It Again': Another Mortgage Shop Tied to Michael Strauss Has Collapsed

Investor Funding Corp. is gone & employees say they weren’t paid. Plus, Trump won’t sign landmark housing bill & Freedom goes after ex-exec over LOS tech

Jun 24, 2026

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6 min read

Gorilla Poop, Glitter Bombs & a Big Win for Guild

Gorilla Poop, Glitter Bombs & a Big Win for Guild

Cali appeals court revives Guild's claims against CCM in ‘poaching’ case. Plus, we take you inside the deal for Kiavi, share a scary & low-tech way for an IMB to get hacked & much more

Jun 10, 2026

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6 min read

Xactus, MeridianLink & a Very Spicy Lawsuit

Xactus, MeridianLink & a Very Spicy Lawsuit

Why Xactus ended up buying the very platform it once fought in court. We also explore the mortgage industry’s looming Voice AI credibility crisis & review Rocket's RESPA response.

May 27, 2026

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6 min read

Rocket Sues UWM Over Alleged "Bounty" on Mr. Cooper Book

Rocket Sues UWM Over Alleged "Bounty" on Mr. Cooper Book

UWM accused of illegally soliciting 182K borrowers serviced by Mr. Cooper. Plus, Stewart acquires some mortgage tech, PMI market share ticks down & more

May 14, 2026

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5 min read

UWM = Countrywide Part II?!

UWM = Countrywide Part II?!

A prominent industry analyst says UWM’s biz model doesn’t hold up. Plus, a Virginia judge blows up an IMB’s aggressive non-solicit agreements & more.

May 11, 2026

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6 min read

Preston Claims Benchmark Stole From Its Branches & Mortgage Tech's Bloody Week

Preston Claims Benchmark Stole From Its Branches & Mortgage Tech's Bloody Week

Ex-divisional's counterclaim says IMB heavily padded margins & retraded comp deals. Plus, unreported details from the restructurings/layoffs at Dark Matter Technologies & Mortgage Cadence

Apr 17, 2026

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6 min read

A Star LO’s Ultimatum Sparks Ugly Legal Fight

A Star LO’s Ultimatum Sparks Ugly Legal Fight

Benchmark goes after two employees. Plus, layoffs at GRA, the latest on Fannie & Freddie buybacks, UWM's next servicing steps & more

Mar 30, 2026

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8 min read

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