2nd Circ. Reopens Mortgage-Backed Securities ERISA Suit

By Kellie Mejdrich · March 26, 2026, 4:08 PM EDT

The Second Circuit on Thursday revived a federal benefits lawsuit against Wells Fargo and Ocwen accusing the companies of mishandling home loans tied to a union pension fund's investments, overturning a...

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Documents

Case Information

Case Title

Powell v. Ocwen Financial Corporation

Case Number

23-999

Court

Appellate - 2nd Circuit

Nature of Suit

3791 LABOR LAWS-Retirement Act 1974

Date Filed

June 30, 2023