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Brenda Tracy, who reported sexual harassment against former Michigan State University head football coach Mel Tucker, is suing United Wholesale Mortgage (UWM) and CEO Mat Ishbia. Tracy claims the mortgage lender and its chief executive inserted themselves into a matter that was “none of their business.” UWM called the lawsuit fabricated, stating it “is about […]

Veterans United Home Loans, owned by Mortgage Research Center, filed a motion to dismiss a class-action lawsuit that accuses the lender of falsely presenting itself as affiliated with the federal government and steering borrowers toward more costly loans. The lender argues that the plaintiffs failed to present “any concrete and particularized injury” and to state

Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA), called on industry members to intensify advocacy efforts on Capitol Hill, outlining a series of next steps as lawmakers weigh key housing and financial policy changes. Speaking at the MBA‘s National Advocacy Conference on Tuesday in Washington, D.C., Broeksmit said that while this year’s