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Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac

Housing Wire

An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry, Black Knight Servicing Technologies and PennyMac Financial Services. 28, an arbitrator awarded Black Knight $155.2 In March 2020, the companies entered arbitration.

Contracts 421
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Essential Books for Navigating the Home Buying Process

Eppraisal

Fortunately, there are valuable resources available in the form of books that offer expert guidance and insights. Whether you're a first-time homebuyer or looking to refine your real estate knowledge, these books provide a comprehensive roadmap to help you make informed decisions and achieve your homeownership goals. "The

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Zillow believes the evolution of the industry will only help it grow

Housing Wire

Zillow executives also discussed its newly launched “ Touring Contract ,” noting that prospective homebuyers would not be required by Zillow to sign its touring contract in order book a home tour.

Agents 440
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7 best real estate schools in North Carolina (NC) for 2024

Housing Wire

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework. Includes The Adventure Guide book.

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John Davis files racketeering suit against Gary Keller

Housing Wire

According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers. In addition, Davis claims that franchisees were required to purchase Keller’s books.

Contracts 410
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Loan-repurchase risk threatens future M&A deals

Housing Wire

In other words, independent mortgage banks (IMBs) acting as buyers in M&A deals are being asked to assume the future R&W liabilities for past loans sold to Fannie Mae by the seller should the seller, at some point, be unable to honor the terms of the contracts. Risk mitigation is critical right now on all levels,” Stephens added. “In

Buyers 397
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Appraiser Liability Risks

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. Why you need this book Have you ever had to appraise a home with “no comps”? A home modified for handicapped access?