Miller Samuel

APRIL 29, 2020

Throughout my career, I have seen brokerage firms publish pending/contract reports, touting pending trends as more reliable than reports based on closings. The simplistic, uninformed argument for pending sales is that contract dates occur before closing dates, so they are more current. I plan to develop one someday.

Contracts 195

Contracts Real Estate Agent Inspection Law 195

Housing Wire

FEBRUARY 5, 2024

In a court document filed on Friday, HomeServices of America told the Supreme Court that each HomeServices of America client contract states that the “signatories can arbitrate any claim or dispute arising out of the contract.” There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 405

Contracts Brokerage Law Real Estate Agent 405

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 402

Buyers Contracts Agents Realtors 402

Housing Wire

MAY 3, 2024

Earlier this week, Zillow launched a new “touring agreement,” a nonexclusive contract for buyers and agents to use for home tours. The trade organization also advised members to discuss business practices and any agreements and forms they are going to use with their broker to ensure that they are in compliance with state law.

Legal 315

Legal Realtors Law Real Estate 315

Housing Wire

MARCH 19, 2024

“Plaintiff’s bald, conclusory allegation that the parties somehow ‘agreed’ to the 2022 unsigned amendment to the 2018 wholesale broker agreement as a complete and total replacement for the 2018 wholesale broker agreement in some unidentified manner is entirely implausible as a matter of law,” according to Atlantic Trust.

Mortgage 361

Mortgage Law Brokerage Legal 361

Housing Wire

APRIL 30, 2024

NAR also noted in the FAQ that a written agreement between an agent and a buyer would be necessary prior to that agent taking the buyer on any home tours, unless state law requires that the agreement be signed earlier in the process.

Buyers 466

Buyers Open Houses Sellers Agents 466

Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

Real Estate 375

Real Estate Contracts Law Real Estate Agent 375

Housing Wire

MARCH 27, 2024

Rule 23(b)(3) requires that the court “find that ‘questions of law or fact common to class members predominate over any questions affecting only individual members,’ and that a class action is the ‘superior’ method of adjudication of the controversy. HomeServices of America still has a writ of certiorari out with the U.S.

Law 401

Law Sellers Realtors Contracts 401

Housing Wire

FEBRUARY 21, 2024

That is bread and butter to us at federal law enforcement agencies, and certainly for SDNY, so we jumped right in and we’ve been working the case ever since. We are federal law enforcement, so we have the same capabilities to make arrests, conduct interviews and issue subpoenas.

Law 401

Law Contracts Design Tenants 401

Housing Wire

DECEMBER 11, 2023

Campbell’s office claims that EasyKnock “engaged in an unfair and deceptive equity-skimming scheme that involved purchasing the homes of cash-strapped consumers at bargain-basement prices and then renting them back to the consumers, at times for unfair rents,” in violation of the state’s consumer protection law.

Tenants 337

Tenants Landlords Law Advertising 337

Housing Wire

FEBRUARY 9, 2024

UWM terminated its contract with the broker and no longer accepts mortgage applications from Okavage customers. Okavage Group had requested the court to declare the ultimatum illegal under federal and Florida antitrust laws. for selling loans to rivals Rocket and Fairway despite agreeing to the contract.

Contracts 418

Contracts Retail Mortgage Lending 418

Housing Wire

DECEMBER 5, 2023

million in damages related to a breach of contract claim (plus interest and attorney’s fees), representing six years of avoided license fees. Black Knight filed a complaint against PennyMac in November 2019 for breaching contracts and misappropriating trade secrets. 28, an arbitrator awarded Black Knight $155.2 per share.

Contracts 412

Contracts Development Legal Law 412

Housing Wire

JANUARY 3, 2024

“The Cherokee Nation, Housing Authority of the Cherokee Nation, and Cherokee Nation Businesses have worked together to identify those positions in fields such a law enforcement, healthcare, education, contracting, housing and the culinary arts.”

Human Resources 420

Human Resources Construction Law Contracts 420

Housing Wire

DECEMBER 26, 2023

FNF notified law enforcement authorities and implemented certain measures to assess and contain the incident. However, the company became the target of a class action lawsuit alleging that they were negligent with customer data and that they breached their contract. The firm said the incident was contained after about one week.

Law 491

Law Contracts Insurance Clients 491

Housing Wire

MARCH 28, 2024

HomeServices still has a motion for a new trial and a motion for judgment as a matter of law before the court. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. The firm also still has a writ of certiorari with the U.S.

Real Estate Agent 390

Real Estate Agent Realtors Real Estate Sellers 390

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Hank Miller Team

SEPTEMBER 14, 2022

Can the seller change the disclosure after contract? Contracts fall apart as buyers claim things were omitted, information wasn't accurate, something that was to remain was taken.the list is ever growing. Change the Disclosure Slow down Timmy.Once both parties agree to the terms of the contract that is a binding contract.

Contracts 52

Contracts Sellers Buyers Law 52

Will Springer Realtor

DECEMBER 5, 2023

Our state is at the forefront of improving a document that each buyer and seller receives near the start of the purchase and sale process, and for the first time, our industry will be required to have a contract with buyers. The post New State Law Requires Buyers to Sign Pact With Broker appeared first on Will Springer.

Law 62

Law Buyers Sellers Real Estate 62

Housing Wire

FEBRUARY 27, 2024

Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. 27, 2019, and the present — 118 different client agreements that are subject to arbitration fall under the laws of 35 different states.

Realty 404

Realty Real Estate Law Brokerage 404

Housing Wire

OCTOBER 10, 2022

Toll started the company after graduating from the University of Pennsylvania law school in the mid-1960s and time spent working at Philadelphia law firm Wolf Block. “You stop development, stop buying product, stop buying ground and just bring in money from houses you put out there and already contracted. .

Law 397

Law Contracts Development Real Estate 397

Housing Wire

NOVEMBER 13, 2023

The firm informed law enforcement, regulatory authorities and other stakeholders. ” Mr. Cooper is accused of negligence, breach of implied contract and unjust enrichment, among other claims. On Thursday, Mr. Cooper announced it had partially resumed its operations.

Legal 544

Legal Law Contracts Technology 544

Housing Wire

OCTOBER 4, 2023

A federal judge in New York has decided to dismiss the majority of accusations made by a former top executive at Better against the digital nonbank lender and other high-level executives, including claims related to labor and securities laws violations. Also, Garg’s motion to dismiss Pierce’s defamation claim was denied.

Law 400

Law Contracts Business Legal 400

Housing Wire

MARCH 19, 2024

Damages from an anti-trust verdict are trebled as a matter of law and the motion filed by the plaintiffs yesterday, while premature was expected,” Chris Kelly, an executive vice president at HomeServices, wrote in an email. HomeServices continues to aggressively pursue all options to resolve our involvement in the outstanding litigation.”

Sellers 374

Sellers Realtors Law Contracts 374

Housing Wire

JANUARY 11, 2024

By law, the mortgages were the ‘absolute property’ of GNMA.” TCB’s contract with RMF and the bankruptcy court order also expressly stated that TCB’s right to a lien was subject to GNMA’s extinguishment rights.” TCB’s interest, Ginnie Mae said, “derived entirely from RMF.”

Lending 416

Lending Government Legal Law 416

Housing Wire

APRIL 18, 2024

In a lawsuit filed in late February in New Jersey, she accused G-Rate, Joseph Moschella and Jon Lamkin of violating New Jersey laws regarding discrimination, equal pay and unfair competition. She also included allegations of breach of contract, misappropriation of likeness and tortious interference with prospective contracts.

Loan Officers 438

Loan Officers Human Resources Contracts Mortgage 438

Housing Wire

OCTOBER 10, 2023

High-producing agents and teams are in high demand in a contracting market , and Waugh said he doesn’t take a one-size fits all approach to recruiting. ” Prior to his time in real estate, Waugh was a partner at Synergy Sports Management and also obtained a law degree.

Real Estate 421

Real Estate Brokerage Agents Law 421

Housing Wire

FEBRUARY 23, 2024

Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.

Government 364

Government Contracts Finance Lending 364

Housing Wire

JULY 27, 2022

Trident, which ceased doing business in 2021, will have to contract with a lender to open offices in minority areas and conduct outreach. It must also contract with a lender to administer $18.4 To resolve the DOJ and CFPB’s claims of redlining, Trident will pay $18.4 Trident will also pay a civil penalty of $4 million to the CFPB.

Loan Officers 397

Loan Officers Mortgage Law Contracts 397

Housing Wire

OCTOBER 20, 2023

In their cross examination, attorneys for the defendants established that Ellis had knowingly signed a contract to pay a certain commission and that she knew the commission would be shared with whoever the buyer’s agent was. According to Ellis, a 6% commission has already been filled in on the contract prior to her signing.

Contracts 405

Contracts Agents Buyers Real Estate 405

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

NOVEMBER 2, 2023

California-based nonbank lender loanDepot is suing former chief operations officer Tammy Richards for breach of contract and fiduciary duty, accusing her of stealing confidential information concerning the lender’s customers. loanDepot filed the lawsuit on Oct.

Contracts 389

Contracts Legal Retail Training 389

Housing Wire

MARCH 8, 2023

Mortgage servicers charged the top late fee amount allowed by relevant state laws, even when homeowners’ mortgage contracts capped late fee amounts below state maximums,” the CFPB said. These include excessive late fees and fees for unnecessary property inspections.

Mortgage 350

Mortgage Inspection Law Contracts 350

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. Consider the following, fairly common scenario and the result: A seller signs a listing contract with a real estate brokerage for six months. A seller-client cancels a listing.

Real Estate 336

Real Estate Legal Brokerage Clients 336

Housing Wire

FEBRUARY 26, 2024

Top 10 mortgage lender and servicer Newrez sued one of its former executives over multiple allegations, including breach of contract, disclosure of confidential information and unfair competition tied to soliciting several Newrez executives to join a competing lender. 21 in the U.S.

Retail 415

Retail Legal Lending Business 415

Housing Wire

MARCH 29, 2024

Second, the trade group points out that the practice of sellers and listing brokers paying buyer brokers is lawful throughout MLS PIN’s service area.

Sellers 430

Sellers Real Estate Buyers Contracts 430

Lamacchia Realty

MAY 6, 2024

When you hire a real estate attorney, you’re getting someone who is licensed to practice law with industry specific experience. Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. What does a Real Estate Attorney do?

Real Estate 66

Real Estate Legal Law Contracts 66

Housing Wire

AUGUST 31, 2023

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. We will continue to act professionally, follow the law, and aggressively defend these baseless claims.” Davis has ignored those courts.

Contracts 410

Contracts Brokerage Business Training 410