article thumbnail

Former Keller Williams agents continue their legal actions 

Housing Wire

Meanwhile, Deborah Ronayne was an agent with Keller Williams from roughly November 2002 to September 2014. On Thursday, Louis Ronayne and Deborah Ronayne filed a complaint aiming for class-action status in the U.S. He was also a regional director for Michigan and northern Ohio from 2006 to 2012, when he oversaw up to 30 KW market centers.

Legal 359
article thumbnail

Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. On March 22, Moulder, who worked with Keller Williams from 2002 to 2011, filed a complaint aiming for class-action status in the U.S. Moulder, David L. Bueker and Robert E.

Brokerage 493
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

List of lawsuits against Keller Williams continues to grow 

Housing Wire

Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. Alper, who worked with Keller Williams from 2002 to 2006, filed a complaint aiming for class-action status in the U.S. Moulder, David L. Bueker, Robert E. Hill, Kevin Ortiz, Edward Fordyce and Paul M. On Wednesday, Penny B.

Brokerage 347
article thumbnail

Housing credit data in Q4 looks nothing like 2008

Housing Wire

Bankruptcies and foreclosures After 2010, the qualified mortgage laws came into play and all the exotic loan debt structures in the system, especially in the run-up in demand from 2002 to 2005, disappeared. This is very unlike 2008, where we had four years of credit stress building up in the system.

Legal 427
article thumbnail

Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

In her testimony she noted that the guidelines, which she specified did not come from HomeServices, had been in place long before she joined the firm in 2002, but they had been eliminated roughly five years ago. Wilson echoed Frazier’s sentiments on ReeceNichols’ commission guidelines. They were not set commissions,” Wilson said.

Law 372
article thumbnail

Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

In addition, some white neighborhoods had zoning laws that legally banned non-white buyers from owning homes in those neighborhoods. million new minority homeowners when the president launched the Blueprint for the American Dream in 2002. Between the launch of FHA in 1934 and when President Lyndon B.

Legal 352
article thumbnail

Will mortgage lending get tighter in the next recession?

Housing Wire

We just lend to the capacity to own the debt, and the index is correct to stay low since 2008 because we can’t legally loosen up lending standards as happened from 2004-2005. We can’t see the purchase application data collapse as it did from 2005 to 2008 because we never saw a credit boom like we had from 2002-2005.

Lending 477