The CFPB and the FTC have filed an amicus brief supporting borrowers in a case against Ocwen Loan Servicing, while lender trade groups urged the Supreme Court to intervene in a federal preemption case.

Questions posed by Supreme Court justices during oral arguments suggest the court could rule in favor of banks seeking preemption from state laws requiring interest payments on mortgage escrow accounts.

The commission structure for real estate agents looks likely to change as the National Association of Realtors and brokerages face charges of price fixing. The move is unlikely to have a major impact on mortgage lenders.

Katie Sweeney, CEO of the Association of Independent Mortgage Experts, is stepping down to lead AIME offshoot Broker Action Coalition.

A mortgage borrower lost an appeal of a district court decision that he lied to a servicer and to the FDIC about the amount of debt he owed.

The arguments before the Seventh Circuit Court of Appeals centered on whether the CFPB has the authority to extend the Equal Credit Opportunity Act’s protections to cover prospective applicants.

Better Mortgage cannot communicate with its underwriters on wage-and-hour issues unless it receives approval from a district court.

Black Knight didn’t receive all of the damages it sought from PennyMac while the nonbank servicer is now free and clear to use proprietary technology that’s less expensive than Black Knight’s offerings.

Warehouse lender Texas Capital Bank claims it lost money after Ginnie Mae extinguished its interest in liens associated with the now-defunct Reverse Mortgage Funding.

The Supreme Court heard oral arguments this week in a case challenging the constitutionality of the CFPB’s funding structure. Analysts say the bureau has a good chance of prevailing.