The 2023 disparate-impact standard doesn’t align with the policy of the Trump administration and should be replaced by a 2020 version, the trade group said.

The restitution checks are tied to a $4.2 million settlement reached in 2023 with Prehired for engaging in illegal student lending services.

Court stays action in Section 1071 lawsuit; online state mortgage licensing map.

In June 2022, Shephard, a senior accountant at CCM, was told that the lender was shifting to a new business model.

A new analyst report on mortgage REIT Dynex Capital notes that mortgage-backed security spreads over swaps are 200 basis points.

A 65-year-old senior accountant at CCM was told that the lender was shifting to a new business model and her job was being eliminated. However, the employee claimed she was fired due to her age.

The ABA and state regulators have opposing positions regarding federal preemption of state laws. The Trump administration is considering the views amid an effort to reduce regulatory burdens.

The settlement closes five years of ongoing legal matters between the two companies, following Two Harbors' termination of an agreement with Pine River.

The recission of the rule isn't likely to have much of an effect on state enforcement, according to industry attorneys.

Wells Fargo has one remaining 2018 consent order with the Federal Reserve Board.