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

Housing Wire

The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. Gorman was also questioned about the training materials used at Anywhere Brands.

Training 387
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Truisms – Taxes, Death… and Bias Training

Appraiserblogs

…other states will also modify their appraisal license renewal CE class requirements to include some form of anti-bias training… Folks, I attended the ACTS Conference in Bay St. Louis, MS, sponsored by National Association of Appraisers, last week. On January 4, 2021, the… Appraisers Don't Use Race Appraisers don’t use race.

Training 115
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Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment

Housing Wire

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy.

Training 367
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Brokerage executives double down on their lead generation strategies

Housing Wire

Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer. The change would go into effect in mid-July 2024 if the settlement is approved by a judge. People will still need to buy a home after July.

Brokerage 330
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Legend Lending chief innovation officer on digitization and the importance of a human element in lending

Housing Wire

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief innovation officer at Legend Lending. HousingWire: When you were selected for HW Insiders in 2019 you were the National Support and Training Director at Mid America Mortgage. has been through a lot since 2019.

Lending 327
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What MBA’s forecast means for mortgage originators

Housing Wire

Despite this contraction, 2021 is forecasted to be a larger overall year than 2019 by approximately $195bb. So, while some right-sizing will occur, it will be to better levels than 2019. Purchases in 2021 should be roughly $350bb larger than 2019, and $120bb bigger than 2020. But training and trainers must have content.

Mortgage 397
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Mortgage rates continue to stay low at 2.73%

Housing Wire

Recent data from mortgage software firm LBA Ware revealed that total funded loan volume by LOs in Q4 2020 increased 106% from the fourth quarter of 2019. That’s a 63% increase and a whopping million dollars more per person than seen in Q4 2019. Strategies lenders should adopt from direct to consumer lending.

Mortgage 542