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Track major mortgage lender lawsuits including price-fixing, RESPA violations, redlining, predatory lending, and foreclosure fee abuses.
12
Total Cases
8
Settled Cases
$12350723M+
Total Settlements
Filed
October 2024
Jurisdiction
Middle District of Tennessee
Plaintiff Firm
Lockridge Grindal Nauen (lead counsel)
Next Milestone
Discovery and class certification proceedings ongoing
Key Issue
Price-fixing conspiracy among 29 mortgage lenders using Optimal Blue's pricing platform to coordinate and inflate mortgage interest rates, violating Sherman Antitrust Act Section 1
Impact
Potential $1B+ class action affecting millions of homebuyers who paid artificially inflated mortgage rates; could fundamentally reshape mortgage pricing transparency and platform liability
Filed
August 2019
Jurisdiction
Northern District of California
Plaintiff Firm
Lieff Cabraser Heimann & Bernstein LLP
Next Milestone
Claims period closed, distribution complete
Key Issue
Wells Fargo allegedly violated Truth in Lending Act by failing to properly disclose buydown agreements where sellers paid upfront fees to reduce buyers' interest rates, causing borrowers to pay higher rates than disclosed
Impact
$6.9 million settlement benefiting approximately 11,000 class members who obtained mortgages with undisclosed buydown agreements between 2013-2017
Filed
August 2023
Jurisdiction
CFPB Administrative Action
Plaintiff Firm
Consumer Financial Protection Bureau (CFPB)
Next Milestone
Compliance monitoring ongoing
Key Issue
Freedom Mortgage and Realty Connect violated RESPA Section 8 by exchanging illegal kickbacks: Freedom paid Realty Connect for referrals, and Realty Connect steered homebuyers to Freedom in exchange for payments disguised as 'marketing services'
Impact
$1.95 million civil penalty; companies ordered to cease illegal kickback arrangements and implement compliance monitoring; protects consumers from inflated costs due to referral fees
Filed
August 2025
Jurisdiction
Massachusetts State Court
Plaintiff Firm
Massachusetts Attorney General Andrea Campbell
Next Milestone
Restitution distribution to affected borrowers ongoing
Key Issue
Cypress Loan Servicing (formerly Rushmore, acquired by Select Portfolio Servicing, with ties to PHH Mortgage/Onity Group) violated Massachusetts consumer protection and debt collection laws by charging illegal foreclosure-related fees and failing to properly apply borrower payments
Impact
$2 million settlement with $1.5M in consumer restitution and $500K civil penalty; affects Massachusetts homeowners who were charged improper fees during foreclosure proceedings 2019-2024
Filed
January 17, 2025
Jurisdiction
Northern District of Illinois
Plaintiff Firm
Consumer Financial Protection Bureau (CFPB)
Next Milestone
Case closed; CFPB monitoring ceased per no-action letter
Key Issue
Draper & Kramer engaged in redlining by discouraging mortgage applications in majority-Black and Hispanic neighborhoods in Chicago and Boston metro areas (2019-2021), violating Equal Credit Opportunity Act and Consumer Financial Protection Act
Impact
$1.5 million civil penalty and 5-year ban from residential mortgage lending; CFPB later issued no-action letter (May 2025) ceasing enforcement after company had already ceased operations and paid penalty
Filed
January 6, 2025
Jurisdiction
Federal Court (CFPB case dismissed; private action ongoing)
Plaintiff Firm
Consumer Financial Protection Bureau (CFPB) / Private Class Action Plaintiffs
Next Milestone
Private class action litigation ongoing
Key Issue
Vanderbilt Mortgage (Berkshire Hathaway subsidiary) violated Truth in Lending Act by failing to verify borrowers' ability to repay manufactured home loans, using artificially low living expense estimates, and approving loans for borrowers projected to fail (2014-2025)
Impact
CFPB lawsuit dismissed February 28, 2025 after Trump administration change; private borrowers filed class action April 29, 2025 reviving claims; affects low-income and rural homeowners trapped in unaffordable manufactured housing loans
Filed
February 18, 2026
Jurisdiction
Western District of Missouri
Plaintiff Firm
Hagens Berman Sobol Shapiro
Next Milestone
Early litigation; class certification pending
Key Issue
Veterans United Home Loans accused of RESPA violations through illegal kickback scheme with affiliated real estate agents (35% commission fees) and deceptive marketing falsely implying VA affiliation; steering military veterans to higher-cost loans
Impact
First major lawsuit targeting mortgage lender steering practices and RESPA violations in post-NAR settlement era; expands commission litigation from real estate to mortgage lending