Mortgage Lenders Are Clawing Back Signing Bonuses From Loan Officers The mortgage industry is seeing a wave of lawsuits in 2026 as mortgage lenders move aggressively to recoup large signing bonuses from loan officers (LOs) who leave before their contracts fully “vest.” What used to be a quiet internal HR matter has become public litigation,
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Michigan Judge Has Rules Rocket Mortgage Noncompete Agreements Are Unenforceable And Violate Michigan Law A Michigan judge ruled on Friday that Rocket Mortgage noncompete agreements are void and unenforceable. Thus, dealing a blow to the lender in its long-running legal battle with Swift Home Loans. Wayne County Judge Brian R. Sullivan issued the ruling. Judge
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The CFPB And DOJ Has Sued A Developer For Targeting Hispanic Consumers With Predatory Loans And Misleading Ads DOJ has sued developer Colony Ridge. The Department of Justice and the CFPB have alleged Colony Ridge specifically targeted Hispanic consumers with predatory lending practices and misleading advertising. In addition, the DOJ and CFPB claim the developer
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