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Jonathan Kolodziej

A surge of AI-generated lawsuits is causing servicers pain

Artificial intelligence may be ushering in welcome changes to the mortgage industry, but for servicers in particular, it’s also fueling a more troubling trend: a rush of borrower lawsuits filed with the help of AI tools like ChatGPT. Processing Content In a trend appearing with greater frequency throughout corporate law, mortgage servicers find themselves confronting […]

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Russell Vought

Appeals court sides with CFPB’s union, blocks job cuts

Russell Vought, acting director of the CFPB, on Capitol Hill in April.Bloomberg News Processing Content Key insight: The legal power struggle between the Trump administration and the National Treasury Employees Union has evolved into a major separation-of-powers showdown. What’s at stake: At issue is whether the president has the authority to dismantle an agency created

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