Housing Wire

OCTOBER 23, 2023

Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. According to Goldberg, NAR takes antitrust law very seriously and it instructs members to not fix or control commissions.

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Housing Wire

NOVEMBER 18, 2022

This article addresses two legal issues relevant to the review: FHFA’s statutory authority to reduce the number of Federal Home Loan Banks, and The application of the FHLBank statutory “super lien”. This provision may be challenged by the affected FHLBank under legal process. Alfred Pollard is a former Chief Counsel for the FHFA.

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Appraisal Buzz

JULY 19, 2022

Thirty-year bankruptcy specialist joins Pincus Law to serve as Managing Attorney of the firm’s default legal services practice in the state of Pennsylvania. The post Judith Romano Joins Pincus Law Group’s Pennsylvania Office appeared first on DSNews.

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Housing Wire

OCTOBER 26, 2023

Prior to the adjourning for the day, Judge Stephen Bough denied HomeServices’ motion for judgment as a matter of law , which was filed Monday afternoon. A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue.

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Appraisal Buzz

JANUARY 5, 2022

The global health crisis spurred the legal field to embrace digital processes out of necessity. The post Practicing Law as a Digital Nomad appeared first on DSNews. The post Practicing Law as a Digital Nomad appeared first on Appraisal Buzz. Attorney Michelle Garcia Gilbert asks “Where do we go from here?”.

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Appraisal Buzz

MAY 17, 2021

Non-traditional law firm specializing in mortgage defaults welcomes new head of operations with 30-plus years of experience. The post Activist Legal Names Chris Pummill President of Operations appeared first on DSNews. The post Activist Legal Names Chris Pummill President of Operations appeared first on Appraisal Buzz.

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Housing Wire

JULY 14, 2022

to evaluate allegations of federal securities laws violations, prompted by a former top executive’s recent lawsuit. The post SEC looking at Better.com over alleged securities law violations appeared first on HousingWire.

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Appraisal Buzz

MAY 27, 2022

Federal anti-discrimination laws in banking are supposed to protect consumers from credit companies from denying an application for credit or taking other adverse actions without just cause or a clear explanation on why the action was taken.

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Housing Wire

MAY 4, 2022

Rohit Chopra, director of the Consumer Financial Protection Bureau , assured lenders in a statement that the act of collecting the data “does not violate the Equal Credit Opportunity Act” or regulations based around implementing that law. But what the federal government will do with the data after it is collected is less clear.

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Housing Wire

FEBRUARY 9, 2024

The Consumer Financial Protection Bureau (CFPB) on Friday announced that it has reached a settlement with four attorneys and their company, Consumer First Legal Group , over a long-running enforcement case regarding what the bureau called a foreclosure relief scam. Consumer First Legal Group and four attorneys — Thomas G.

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Housing Wire

JANUARY 10, 2024

The trade group joined defendants HomeServices of America and Keller Williams in filing motions for judgement as a matter of law and a new trial. In its filings, NAR said it supported the arguments laid out in Keller Williams’ and HomeServices’ filing, but it also filed its own suggestions in support of the motions.

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Appraisal Buzz

JULY 28, 2021

In today’s Buzzcast, we dive into the Legal and Accounting presentation of our Business Building Workshops being at Valuation Expo on September 8 th. Today we have the host, Peter Christensen, Owner of Christensen Law Firm, with Joan Trice, Founder of Allterra Group, LLC. What should you consider between LLC versus Corporation?

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Housing Wire

DECEMBER 19, 2023

High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have sent a sobering message to industry CEOs and their boards: the buck stops at the top. Just ask the ones who in the recent past have lost their jobs or faced reputational damage.

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GoForrmz

DECEMBER 5, 2022

Create and share eSignature documents in minutes Easily collect legally binding electronic signatures in your digital forms with eSign fields. These signatures are not legally binding and available starting at the Basic account. Ditch the messy paperwork and automate your workflow with legally binding digital forms.

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Housing Wire

SEPTEMBER 27, 2023

Many of these laws target specific types of real estate deemed crucial to national security, such as farmland or property near military installations, while other laws apply more broadly to all types of land. Laws should also be clear on the role title insurance professionals play in facilitating transactions with foreign owners.

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Housing Wire

AUGUST 3, 2023

This move comes as @properties aims to expand its business and enhance legal support across its portfolio of enterprises. Lopez, who joined @properties in November 2022 as Director of Legal, has proven herself as a key member of the leadership team for @properties and Christie’s International Real Estate.

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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.

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Housing Wire

APRIL 4, 2024

An action taken that is determined to be “arbitrary and capricious” would translate into “willful and unreasonable action without consideration or regard for the facts and circumstances,” according to Cornell Law School ’s Legal Information Institute.

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Housing Wire

NOVEMBER 8, 2023

Current legislative proposals would require states to “mandate a real estate-related disclosure form with specific flood-related questions,” which would require 49 states to “make significant amendments to its laws and regulations” leading to an administrative and enforcement burden, NAR said.

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Housing Wire

FEBRUARY 28, 2024

The agencies’ position, however, is that the provisions of the FDCPA apply “to all fees related to collection of a debt,” and that only fees that were expressly agreed to by borrowers — or those that “are affirmatively permitted by a law” — can be charged. It was signed into law by President Jimmy Carter that September.

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Housing Wire

NOVEMBER 9, 2023

The heightened consumer protection focus from government agencies, combined with the Department of Justice’s ongoing legal feud with the National Association of Realtors and its recent involvement in the Nosalek commission lawsuit , has many in the industry expecting that the DOJ will get involved in the Sitzer/Burnett suit, and potentially others.

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Housing Wire

APRIL 1, 2024

Originally announced late last year, the new rules seek to modernize the CRA — originally passed by Congress in 1977 and signed into law by President Jimmy Carter that October — by taking advancements including online and mobile banking into account, as well as by addressing systemic inequalities in access to credit.

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Housing Wire

MARCH 31, 2023

Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. With Healey’s signature, Massachusetts is now the 43rd state to legalize digital real estate closings, which started with Virginia in 2012. The law goes into effect on January 1, 2024.

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Housing Wire

APRIL 16, 2024

Additionally, the defendants argue that the plaintiffs “fail to allege any facts showing why they are entitled to any tolling against these Defendants,” and that they “fail to plead sufficient facts in support of certain state law claims against Defendants.”

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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.

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Housing Wire

JANUARY 12, 2024

Supreme Co urt last week scheduled oral arguments for seven pending cases to take place in February, including one that will decide whether “the National Bank Act preempts the application of state escrow-interest laws to national banks,” according to a publication of the argument schedule and reporting at SCOTUSblog.

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Lamacchia Realty

DECEMBER 13, 2023

A REMINDER ABOUT SNOW REMOVAL LAWS Winter is fast approaching, which means the snow is soon to arrive! Here is a reminder of the crucial snow removal laws if you’re a property owner in Massachusetts , New Hampshire , or Connecticut! Some Massachusetts property owners are still unaware of this law that went into effect in July 2010.

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Housing Wire

APRIL 11, 2024

But legal experts are not as certain. They could certainly intervene in the settlement negotiations, but they are not a party — they are just a party of interest,” said Paul Rogers, a professor of law who specializes in antitrust at Southern Methodist University’s Dedman School of Law. “It

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Housing Wire

JANUARY 8, 2024

The motions includes a motion for judgement as a matter of law, a motion for a new trial and a motion to decertify the class. Correcting these legal and factual inaccuracies is paramount to show that the ongoing litigation against the real estate industry is misguided.

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Housing Wire

FEBRUARY 21, 2024

HomeServices of America can preserve some of its legal war chest — for now, at least. District Court for the Northern District of Illinois dismissed a claim made by the plaintiffs under a federal antitrust law. District Court for the Northern District of Illinois dismissed a claim made by the plaintiffs under a federal antitrust law.

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Housing Wire

SEPTEMBER 28, 2023

After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. On Wednesday, just nine days after the long-awaited trial’s September 18 start date, the real estate behemoth file a motion for judgment as a matter of law in the U.S. District Court in Seattle hearing the trial.

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Housing Wire

APRIL 24, 2023

” California-based AML filed the amended counterclaim on March 8, alleging UWM violated antitrust laws, unreasonably restrained trade, and attempted to monopolize the wholesale mortgage space with its “All In” initiative. However, a declaration that the ultimatum violated antitrust law survived.

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Housing Wire

OCTOBER 23, 2023

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. Roger Alford, a law professor from Notre Dame, was also called to testify on Friday.

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Housing Wire

JANUARY 3, 2023

However, a declaration that the ultimatum violated antitrust law survived. A spokesperson for UWM said the company does not “comment on legal matters that are currently pending.” AML has to prove in writing why the court should exercise its discretion to hear the antitrust law claim by January 9.

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Housing Wire

JANUARY 16, 2024

The first was a motion for judgement as a matter of law and the second was a motion for a new trial. So, while I make no claim as to the specific deep legal issues, I have some familiarity of antitrust actions and more in the conduct of legal actions in a courtroom. This evidence was not allowed to be presented to the jury.

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Housing Wire

APRIL 19, 2024

Government attorneys deny that TCB “is entitled to any of the relief sought in the complaint,” adding that they deny “[e]ach and every allegation, as well as all inferences, arguments, and legal conclusions based on them.”

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Housing Wire

MAY 8, 2024

A former top executive at Better.com has voluntarily dismissed with prejudice a lawsuit filed about two years ago against the company and its leadership, including founder Vishal Garg , that accuses the defendants of violating labor and securities laws when pursuing the firm’s goal to go public.

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