Compliance question of the month: Adding fees accidentally omitted from an original loan estimate

While the Eighth Circuit vacated Reg. II, the Sixth Circuit has yet to issue its decision in Linney’s Pizza. There, a Kentucky federal court granted summary judgment to the Fed and rejected the merchant’s challenge to Reg. II.

The U.S. Supreme Court agreed to review a D.C. Circuit ruling allowing discovery to determine whether the U.S. DOGE Service qualifies as an agency subject to the Freedom of Information Act.

A New York federal court dismissed a class action against Bank of America Corporation, Bank of America N.A. and Managed Account Advisors LLC but allowed claims against Merrill Lynch to proceed in a lawsuit alleging unreasonably low interest...

Colorado homeowner Sheila Johnsen filed a class action against Unlock Partnership Solutions alleging that they disguised mortgage loans as home equity agreements to evade lending laws, charge excessive interest and impose unfair contract terms.

A California federal court dismissed a lawsuit alleging that several financial institutions helped carry out a $570,000 cryptocurrency scam, ruling that an anonymous married couple failed to state valid claims for aiding and abetting fraud and unauthorized wire...

A Florida federal court refused to dismiss a lawsuit alleging that bank directors breached their fiduciary duties by changing corporate bylaws to protect their positions and prevent shareholders from removing them.