The survival of the complaint against Selene Finance could lead to copy-cat class-action proceedings against mortgage servicers.

Compliance with the Section 1071 rule will now begin for the first set of financial entities on July 1, 2026.

Appeals court upholds multi-million-dollar judgment against Libre by Nexus; states settle with mortgage company over illegal MLO conduct.

Undisclosed real estate debt and transaction fraud risks increased the most in the second quarter, according to Matt Seguin, a senior principal for product management at Cotality.

Many charges in a class action against UWM were dismissed, but some Real Estate Settlement Procedures Act claims will move forward.

Relying on the Supreme Court’s direction to apply a “nuanced comparative analysis” for determining federal preemption, some lower courts are finding that the National Bank Act doesn’t preempt state laws.

MBS issuance will continue at the GSEs and Ginnie Mae amid a partial shutdown of the federal government, but some changes will be temporarily in place.

The trade group’s priorities include changes to loan originator compensation standards and a higher tax exemption on home sales.

The trade group said raising the exclusion will help "unlock supply in the housing market."

"National banks may be required to comply with a wide range of state consumer financial laws," according to lawyers at the law firm of Ballard Spahr.