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Keller Williams settles some of the lawsuits tied to its profit-sharing program

Housing Wire

In an email, Keller Williams confirmed that this agreement settles all of the breach-of-contract lawsuits filed against it by attorneys at the law firm of Humphrey, Farrington & McClain PC. Agents join the profit-sharing program by designating a sponsor when they join a market center.

Brokerage 430
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NAR, Move named in new lawsuit alleging sale of fake leads

Housing Wire

These processes (the ‘Unlawful Bundling’) are designed to amass a tremendous (and tremendously growing) database which the defendants then characterize as ‘leads,’” the complaint states. 23, 2020, and the present. The suit is seeking class-action status for a group that includes all real estate agents in the U.S.

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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

24, 2023, Qualia informed Stewart that in an effort to “modernize” the “old legacy contracts” Adeptive had entered, it would be terminating the ResWare licensing agreement Stewart had entered with Adeptive on Jan. The firm estimates that roughly 4,000 Stewart employees use the software on a daily basis. Adeptive was acquired by Qualia in Dec.

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What’s influencing the increase in REO acquisitions?

Housing Wire

MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories. How has the foreclosure-related regulatory landscape changed since 2020 and 2021? HW: What does the current market and demand for REO assets look like?

Inventory 417
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Black Knight to integrate Wolters Kluwer’s eNote and eVault capabilities

Housing Wire

Black Knight previously collaborated with Wolters Kluwer to adopt its mortgage document generation technology into Black Knight’s Empower in 2020. Servicing Digital, offered as an app or web design, enables customers to access their loan- and home-related information.

Contracts 298
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The ultimate listing appointment checklist for agents (+ tips & scripts)

Housing Wire

All the contracts, disclosures, and paperwork your lead will need to sign to hire you as their listing agent. We love Highnote for its sleek, beautifully designed listing presentation capabilities. Beginning in 2020, Ashley served as Director of Agent Growth for three Keller Williams offices in the Boston metro area.

Agents 416
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Court authorizes class action against Carrington over servicing fees

Housing Wire

The plaintiffs – Ashly Alexander and Cedric Bishop – brought the case in September 2020, alleging that the mortgage servicer violated Maryland’s debt collection and consumer protection statutes by illegally charging $5 for monthly payments online or by phone. Carrington became the servicer in 2017.

Law 417