loanDepot faces suit over alleged steering into higher
A federal memorandum opinion by Judge Rubin found plaintiffs in a TILA suit against loanDepot adequately alleged injury, citing claims they paid higher interest rates and fees due to alleged steering tied to a rate-based loan-officer compensation system. The case, filed July 2025 and amended Oct 2025, involves loans from 2019-2021 in MD and VA, and challenges loanDepot’s timeliness defense.





