One of the nation’s top mortgage lenders wants a federal court to confirm that lenders can’t interfere within independent appraisals, even if they are allegedly discriminatory.

The CFPB had sued Georgia-based USASF for illegal servicing practices that harmed borrowers with auto loans.

The court said Acima failed to establish that Utah is “inconvenient.” The court also rejected Acima’s argument under the first-to-file rule.

An Arizona district court determined that Sun West Mortgage Company and its foreclosure counsel didn’t violate the Truth in Lending Act or the Fair Debt Collection Practices Act in a foreclosure lawsuit.

Consumer complaints submitted to the CFPB related to mortgages slightly increased in the third quarter of 2024, with servicing issues in the forefront.

More fair lending enforcement actions and investigations could come up over the next few months ahead of potential changes in the political landscape, according to Richard Horn, co-partner at the law firm of Garris Horn.

In an amicus brief submitted by the bureau, the regulator distinguished the purposes of the Truth in Lending Act’s repayment disclosure requirements for open-end lines of credit, helping two banks prevail in court.

While the regulator’s reverse redlining allegations against a defendant were dismissed, a Texas court offered the bureau the option to amend its complaint.

Servicing issues remained the top type of mortgage-related complaint received by the CFPB. The only mortgage category to see an increase in complaints was loan applications. (Includes two data tables.)

Judge Donald Middlebrooks dismissed all four of the lender’s arguments against a 2023 CFPB lawsuit, moving the trial forward to July.