Rocket Mortgage Takes Legal Action Against HUD to Fight Discrimination Claims
In a significant legal development, Rocket Mortgage has initiated a lawsuit against the U.S. Department of Housing and Urban Development (HUD), seeking the dismissal of allegations claiming discrimination in its lending practices. The lawsuit was filed in the U.S. District Court for the Eastern District of Michigan and underscores Rocket Mortgage's commitment to defending its reputation against what it considers "meritless" accusations.
Continue readingGoldman Sachs and Apple Face $89 Million Settlement Over Credit Card Practices
In a significant move sparked by a federal investigation, Goldman Sachs and Apple have agreed to pay a staggering $89 million following scrutiny from the Consumer Financial Protection Bureau (CFPB). This settlement is a direct result of practices surrounding their co-branded Apple Card, which raised numerous concerns about the fairness of its lending processes.
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