LoanDepot stiffed its own LOs on commissions, rival claims
CrossCountry Mortgage alleges loanDepot “routinely and falsely” shortchanged its own originators’ commissions, its latest scathing counterclaim in a poaching and theft of trade secrets lawsuit. LoanDepot sued CCM last July in a New York federal court for purportedly poaching at least 32 of its employees beginning last February. The Cleveland-based lender has denied allegations of … [Read more…]