UWM faces class-action lawsuit over alleged misuse of 401(k) plan assets

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.”Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement I
Read MoreFormer Texas title employee sentenced for $350K wire fraud scheme

A former escrow officer at a McAllen, Texas-based title insurance company has been sentenced to two years in federal prison for orchestrating a complex wire fraud scheme that defrauded homebuyers and mortgage lenders of more than $350,000, the U.S. Department of Justice (DOJ) announced.Mayela Saby C
Read MoreHUD secretary open to withholding federal funding from cities over homelessness

The Secretary of U.S. Department of Housing and Urban Development (HUD) is open to withholding federal funding from major American cities that fail to show progress in dealing with homelessness issues.“That may be a good idea,” Turner told conservative radio show host Ari Hoffman in an interview Wed
Read MoreDOGE cuts to AmeriCorps imperil Habitat for Humanity programs

The Corporation for National and Community Service, better known as AmeriCorps, was a target of the U.S. DOGE Service earlier this month as most staff have been placed on administrative leave, according to recent reporting by the Associated Press (AP).The move — seen by roughly two dozen states as a
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