Housing Wire

MARCH 18, 2024

million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. Meanwhile, Mike Hogan is PennyMac’s new chief information officer, replacing Lior Ofir, who departed the company to pursue new opportunities.

Legal 341

Legal Contracts Technology Development 341

Housing Wire

OCTOBER 2, 2023

Online real estate market provider CoStar Group has sued former Homesnap founder Guy Wolcott and three others for allegedly stealing trade secrets related to its online information platform feeding its various marketplace products, including Homes.com and Apartments.com , according to court documents obtained by HousingWire.

Legal Fees 373

Legal Fees Legal Technology Development 373

Housing Wire

NOVEMBER 9, 2023

The verdict runs contrary to what we all know about the value we bring not only to our clients but to the functioning of a buyer-seller real estate market more generally,” Kasper said. Moving forward, Kasper promised to continue to communicate with members and answer their questions, when information becomes available.

Agents 404

Agents Legal Sellers Clients 404

Housing Wire

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing.

Real Estate 299

Real Estate Legal Brokerage Clients 299

Housing Wire

MAY 10, 2024

On April 5, Magistrate Judge William Matthewman found in favor of Freedom when it requested to compel the CFPB to produce information “relevant to both how the CFPB views the ‘gravity of the violation,’ […] and what sorts of ‘errors’ constitute ‘violations,’” according to the judge.

Mortgage 322

Mortgage Law Clients Development 322

GoForrmz

JANUARY 27, 2023

These digital forms can instantly gather information from clients, patients, and customers using any mobile device. They can be used for many purposes, like scheduling appointments, collecting personal information, and providing consent for services. Client information can be automatically checked for errors and inconsistencies.

Clients 78

Clients Modernization Legal Technology 78

Housing Wire

SEPTEMBER 25, 2023

“Partnering with The Work Number from Equifax demonstrates our dedication to streamlining verification processes and improving the overall experience for our clients,” Jim Dunham, president and general manager at IRIS Americas, said in a statement.

Legal 411

Legal Business Government Tools 411

Housing Wire

MARCH 11, 2022

accessing “password-protected” company computers to steal client data. According to the legal filings , Barber’s alleged goal was to take real estate “prospects and leads assigned to other brokers” for “his own personal benefit” and that of the other defendants, Darcy Varney and eXp Realty. and 5:30 a.m. 7, according to the lawsuit.

Real Estate 322

Real Estate Realty Real Estate Agent Legal 322

Housing Wire

DECEMBER 19, 2023

The suit was filed last Tuesday by Teneika Tillis, a Loancare servicing client, in U.S. The complaint states that Tillis filed the suit “upon information and belief” that her personal identifiable information had been comprised in the attack. District Court for Central California.

Clients 397

Clients Contracts Mortgage Legal 397

Housing Wire

FEBRUARY 22, 2024

Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

Business 350

Business Marketing Real Estate Legal 350

Housing Wire

NOVEMBER 28, 2023

They’re caught in the headlights of change, poring over legal jargon, worrying about commission structures and losing sight of the prize – sales. It’s about being the voice that cuts through the noise, the trusted source of information when rumors and confusion are rampant. You need to own the narrative with your clients.

Real Estate 295

Real Estate Real Estate Agent Loan Officers Clients 295

Housing Wire

JUNE 29, 2023

The poaching lawsuit, filed on June 22 at a federal district court in Delaware, states that South Carolina-based Movement recruited and hired its employees in late 2021 and early 2022 to take trade secrets and confidential information. That’s not the Orange County, California-based lender’s only poaching legal battle.

Retail 363

Retail Contracts Legal Business 363

Housing Wire

MARCH 4, 2024

Three Bayview Asset Management -owned mortgage servicers are seeking to halt a plaintiff’s filing in a data breach lawsuit, citing an overabundance of confidential information shared about the incident, National Mortgage News first reported. The objection, filed on Feb. million borrowers, including their Social Security numbers.

Mortgage 351

Mortgage Clients Development Legal 351

Housing Wire

OCTOBER 27, 2023

These virtual marketplaces provide efficiency, transparency and accurate information to facilitate home transactions. That requires real estate professionals to cooperate with each other by sharing pertinent information with competitors regarding the home and about the terms of a potential transaction. The list goes on and on.

Real Estate Agent 456

Real Estate Agent Real Estate Realtors Buyers 456

Housing Wire

FEBRUARY 28, 2024

According to the CFA, provisions in these contract that allow buyers agents to continue to contact listing agents and ask for additional compensation from the seller beyond what the agent negotiated with their buyer client would result in commission rates staying at their current level.

Buyers 356

Buyers Contracts Agents Realtors 356

Housing Wire

DECEMBER 16, 2020

In a lawsuit filed last week, a mortgage brokerage claimed that one of its former loan officers stole a database containing client names and information and brought it with him to a new job at NEXA Mortgage. The suit mirrors an earlier, parallel legal action filed in Illinois state court. Presented by: FundingShield.

Mortgage 389

Mortgage Loan Officers Brokerage Clients 389

Housing Wire

SEPTEMBER 26, 2023

The plaintiff states that the ACI Payments “misused” Mr Cooper’s nonpublic personal customer information to conduct quality assurance testing, even though the servicer did not authorize such use. In addition, it resulted in legal fees due to 10 class actions and at least two individual lawsuits.

Mortgage 328

Mortgage Legal Fees Legal Contracts 328

Housing Wire

MARCH 21, 2024

I believe we are positioned well enough that regardless of membership numbers, we can continue giving our members the information they need.” The MLS provides the widest level of exposure, and it gives brokers and agents levels of information that they are not going to get if they do things separately from each other.

Realtors 366

Realtors Agents Real Estate Logistics 366

Housing Wire

MARCH 22, 2023

Quo will massively accelerate Homebot’s mission to connect people to make informed homeownership decisions,” Charlie Pratt, CEO of Homebot, said in a statement. Sandfox Advisors served as financial advisor and Goodwin Procter LLP acted as legal counsel to Quo. Terms of the transaction were not disclosed. Quo raised $7.2

Finance 315

Finance Real Estate Agent Loan Officers Legal 315

Housing Wire

DECEMBER 21, 2022

The court quickly imposed a temporary restraining order to the case, which prohibited the former employees from using documents and mandated the return of the filings containing customer information that loanDepot claims they improperly took to CrossCountry.

Legal 363

Legal Loan Officers Contracts Business 363

AmeriMac

AUGUST 6, 2023

When it comes to maximizing your legal strategy, leveraging litigation support services can be a game-changer. In this blog, we will dive deep into the world of litigation support and explore its key aspects and impact on legal cases. Corporate services provide expert testimony and research, saving time and resources for legal teams.

Legal 36

Legal Technology Law Clients 36

Housing Wire

JUNE 2, 2022

CrossCountry Mortgage is suing Guild Mortgage for poaching a former Las Vegas branch manager and allegedly convincing her to steal proprietary information, the latest escalation in a brewing legal battle between the retail mortgage lenders. The lawsuit also claims that Guild convinced Casimiro to divert loans in process to be closed.

Loan Officers 345

Loan Officers Retail Legal Clients 345

Cleveland Appraisal Blog

APRIL 26, 2023

Not only can a realtor help you find the right piece of land and negotiate the price, but they can even help you navigate the legal paperwork. This information can help buyers make informed decisions and avoid potential pitfalls that you might make if you were privy to such information. Should you get a Realtor?

Realtors 272

Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

JUNE 15, 2021

In April, the company announced that it had hired Infosys chief information officer and global director of real estate finance Henry Santos to be CIO. It also appointed Laura LaRaia as chief legal officer. LaRaia was previously the chief legal officer and general counsel at First Guaranty Mortgage Corporation.

Retail 348

Retail Mortgage Legal Lending 348

Housing Wire

APRIL 28, 2023

To comply with the Americans with Disabilities Act (ADA), digital content must be free of barriers that may prevent those with disabilities from accessing information. Additionally, these documents help lenders mitigate legal complaints and resulting fines based on ADA standards.

Design 296

Design Lending Technology Modernization 296

Housing Wire

NOVEMBER 1, 2023

Pearson also has concerns about what this will now mean for how she and her agents handle client meetings or how to word things on open house fliers. “I There will also be years of appeals about the legal standard used in the case and other issues,” Kelman wrote in a blog post. Can we ask if the buyer is represented now?

Open Houses 465

Open Houses Brokerage Agents Realtors 465

McKissock

JULY 6, 2022

The reality, however, is many agents struggle to properly set and manage the client’s expectations of how the chaos is going to work and how the process is going to play out. Managing client expectations is critical, and sadly, often overlooked as part of the agent/client relationship. How should you approach the broad overview?

Clients 87

Clients Real Estate Contracts Sellers 87

Housing Wire

APRIL 11, 2023

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. In real estate, a title is a legal document that establishes ownership of a property or asset. You can obtain a title through purchase, inheritance or other legal means. What is a title in the context of real estate?

Real Estate 355

Real Estate Legal Sellers Buyers 355

Housing Wire

MAY 9, 2024

Because the deadline is here and Pulte has seen no answers to these questions, Pulte objects,” the filing reads, adding that the parties involved have not made the information available. We will continue to focus on what we do best: empowering real estate entrepreneurs so they can deliver exceptional value to their clients.”

Brokerage 380

Brokerage Realty Sellers Real Estate 380

Cleveland Appraisal Blog

APRIL 11, 2023

With a few quick online searches, in most areas, you can find the parcel number, legal description, and even some potentially comparable sales. A good appraisal will have that information in it along with how that determination was made. Wouldn’t that information be valuable to know? Isn’t that all that appraisers do?

Appraisal 354

Appraisal Market Value Legal Property Appraisal 354

McKissock

SEPTEMBER 20, 2021

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

AUGUST 8, 2022

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Lux joined the company in 2017 as the chief information officer and was named chief operating officer two years later. year over year, according to Inside Mortgage Finance data.

Human Resources 331

Human Resources Legal Finance Insurance 331

Housing Wire

MARCH 29, 2024

In its motion filed on Wednesday, CMLS said its amicus curiae brief is in repsonse to the Department of Justice’s statement of interest which was filed in early February in relation to the proposed settlement agreement reached by the Nosalek plaintiffs and defendant MLS Property Information Network in July 2023.

Sellers 413

Sellers Real Estate Buyers Contracts 413

Housing Wire

JULY 28, 2023

Displaying involvement often resonates with clients who prioritize social responsibility. While legally an agent cannot provide their input on schools and neighborhoods, getting acquainted with the city’s educational landscape is a solid time investment. Host a client volunteer day and provide lunch.

Real Estate Agent 316

Real Estate Agent Real Estate Agents Clients 316

Housing Wire

OCTOBER 16, 2023

According to Katie Johnson, NAR’s Chief Legal Officer, jury selection started last week and should finish today. Named in the class action are NAR, RE/MAX , Anywhere , Keller Williams and Berkshire Hathaway HomeServices. “We are now anticipating opening arguments to begin on Tuesday, Oct. ” What’s at stake?

Buyers 448

Buyers Brokerage Agents Realtors 448

Housing Wire

AUGUST 5, 2021

.” Richardson, who holds title producer licenses in Michigan and Indiana, comes to WFG after seven years on Amrock’s legal team. WFG is known throughout the title industry as one of the leading national title insurance underwriters because they continuously strive to provide the best service to their clients,” Richardson said.

Insurance 355

Insurance Clients Legal Agents 355

Housing Wire

OCTOBER 6, 2023

District Court judge in Boston granted the DOJ’s request to extend the final approval hearing for the settlement agreement filed by defendant MLS Property Information Network. The firm said it will also eliminate any minimum client commission requirements that company owned brokerages may have. On Wednesday a U.S. Along with a $83.5

Brokerage 493

Brokerage Agents Buyers Clients 493