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Unison Hit With New Federal Class Action Over Home Equity Agreements

Unison Hit With New Federal Class Action Over Home Equity Agreements

by John G. Stevens | Sep 23, 2026 | Current News & Events, Mortgage Information

Five North Carolina homeowners have filed a proposed federal class action against Unison Agreement Corporation and related entities, challenging the company’s home equity agreements and alleging the products were misleadingly marketed and should be treated as...
Fed Inflation Concerns Broaden as Barkin, Collins Back Restrictive Policy

Fed Inflation Concerns Broaden as Barkin, Collins Back Restrictive Policy

by John G. Stevens | Sep 22, 2026 | Mortgage Information

Inflation concerns are broadening across the Federal Reserve after two regional Fed presidents backed last week’s interest-rate increase and emphasized that price pressures remain a greater risk to the economy than weakening employment. Richmond Federal Reserve...
NFM Lending Faces Multiple Federal Lawsuits Following Alleged Ransomware Data Breach

NFM Lending Faces Multiple Federal Lawsuits Following Alleged Ransomware Data Breach

by John G. Stevens | Sep 22, 2026 | Mortgage Information

NFM Lending is facing a growing series of federal lawsuits following allegations that the mortgage lender was targeted in a ransomware incident that may have exposed sensitive borrower information. At least five lawsuits were filed against NFM Lending LLC in the U.S....
UWM Sets Terms for 200 Million-Share Rights Offering to Raise at Least $400 Million

UWM Sets Terms for 200 Million-Share Rights Offering to Raise at Least $400 Million

by John G. Stevens | Sep 22, 2026 | Mortgage Information

UWM Holdings Corporation has set the terms for a rights offering of 200 million Class A shares, moving forward with a plan designed to raise at least $400 million as the parent of United Wholesale Mortgage continues a broader balance-sheet overhaul announced last...
Fannie Mae Files $6.2 Million Chicago Multifamily Foreclosure as Related Cases Widen

Fannie Mae Files $6.2 Million Chicago Multifamily Foreclosure as Related Cases Widen

by John G. Stevens | Sep 22, 2026 | Commercial Real Estate News

Fannie Mae has filed a $6.2 million foreclosure lawsuit against a Chicago multifamily portfolio as a widening series of foreclosure cases puts additional scrutiny on properties tied to the Bialostozky family and federally backed apartment debt. The new Cook County...
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