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Change Lending keeps CDFI certification after agreement with US Treasury 

Housing Wire

The CDFI certification is a designation given by the Treasury Department CDFI Fund to specialized organizations that provide financial services to low-income communities and people who lack financing. The agreement puts an end to a short-lived legal dispute with the Treasury Department.

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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

million to more than 5,300 home mortgage consultants to resolve a pair of class-action legal claims that allege wage-and-hour violations in California, according to the settlement agreement in federal court. Wells Fargo agreed to pay $95.7 The deal will provide $62.8

Legal 466
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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

In 2015, Stewart was granted an “irrevocable and perpetual license” to install and use the ResWare software title production system product, which at that time was owned by Adeptive Software. After discussion, Qualia decided to extend the termination timeline to July 24, 2024.

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CFPB bans RMK Financial Corporation from mortgage lending industry

Housing Wire

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government. government.

Lending 384
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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

As a result of this leak, Arrington tweeted that he and his family have been forced to move out of the house as their security team “could not find a way to make it work” and that they are taking ongoing legal action. The home was originally designed in 2015 by Florida-based architect Cesar Molina.

Agents 370
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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

As a result of this leak, Arrington tweeted that he and his family have been forced to move out of the house as their security team “could not find a way to make it work” and that they are taking ongoing legal action. The home was originally designed in 2015 by Florida-based architect Cesar Molina.

Agents 370
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“Collusion,” agent training are the focus on day three of the Sitzer/Burnett trial

Housing Wire

Ketchmark also highlighted Figgs’ notes from a May 2015 Keller Williams meeting, in which she wrote that “ Gary [Keller] believes strongly in collusion theory for why commissions are stable. ‘Co-opetition.’” Ketchmark countered this with the fact that nothing on the slides designated things as a model. Co-opetition.’”

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