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Home » Topics » Inside Mortgage Finance » Legal Actions

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CFPB Suffers Blow in Its Bid to Vacate Townstone Settlement

June 20, 2025
Shannon Clark
The court’s decision may give the CFPB “some pause” as to how it approaches other reversals, according to industry attorneys.
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Federal Judge Blocks Reduction-in-Force at CFPB

April 24, 2025
Shannon Clark
The Trump administration is prohibited from firing more than 1,400 employees at the consumer agency, for now. The next hearing on the case is set for April 29.
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Federal Judge Blocks Trump From Dismantling CFPB

April 3, 2025
Shannon Clark
Judge Amy Berman Jackson said the evidence in the lawsuit makes it clear that the Trump administration has no intent of operating the CFPB at all.
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CFPB Moves to Refund Townstone’s Settlement

April 3, 2025
Shannon Clark
The move could set a dangerous precedent, according to Adam Rust, director of financial services at the Consumer Federation of America.
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Court Halts Firing of Federal Workers, But Not Nationwide

April 3, 2025
Shannon Clark
The preliminary injunction only applies to workers who live or work in Washington, DC, and the 19 states that sued the Trump administration over the mass layoffs of probationary employees at 18 federal agencies.
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Court Extends Temporary Order Blocking Federal Layoffs

March 27, 2025
Shannon Clark
A federal court judge this week extended a temporary order pausing mass layoffs at federal agencies, including at the CFPB and HUD, by five days.
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Lenders Likely to See More Lawsuits by Borrowers

March 27, 2025
Shannon Clark
Several consumer protection statutes provide borrowers a private right of action, including the Truth in Lending Act.
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CFPB, HUD Employees Reinstated Then Placed on Leave

March 20, 2025
Shannon Clark
Following a court ruling last week, the CFPB and HUD reinstated hundreds of probationary employees fired by the Trump administration. However, the employees were immediately placed on administrative leave.
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PE Servicer Marlin Mortgage Sued, Calls Charges ‘Baseless’

March 20, 2025
Paul Muolo
A few months back, Marlin Mortgage parted ways with COO Steve Stone. Now, describing himself as a whistleblower, Stone is suing the MSR owner, accusing the firm of a host of questionable moves.
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California Provisionally Approves 22% Insurance Rate Hike

March 20, 2025
James Dohnert
At a public hearing next month, State Farm will have to justify its request to raise home insurance premiums by 22%.
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