Housing Wire

SEPTEMBER 25, 2023

The firm’s legal troubles began in late 2022 when it was sued by attorneys general in Florida , Massachusetts and Pennsylvania over its 40-year contracts. Since starting the program in August 2020, MV Realty says it has enrolled more than 35,000 homeowners in 33 states and has paid homeowners nearly $40 million.

Realty 446

Realty Real Estate Agent Legal Agents 446

Housing Wire

APRIL 17, 2024

In a writ of certiorari filed in early February, HomeServices told the Supreme Court that each of its client contracts state that the “signatories can arbitrate any claim or dispute arising out of the contract.” There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 417

Contracts Brokerage Law Real Estate Agent 417

Housing Wire

DECEMBER 5, 2023

An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry, Black Knight Servicing Technologies and PennyMac Financial Services. In March 2020, the companies entered arbitration.

Contracts 417

Contracts Development Legal Law 417

Housing Wire

NOVEMBER 2, 2023

California-based nonbank lender loanDepot is suing former chief operations officer Tammy Richards for breach of contract and fiduciary duty, accusing her of stealing confidential information concerning the lender’s customers. 30, 2020, and informed loanDepot that she needed to take an immediate leave of absence.

Contracts 406

Contracts Legal Retail Training 406

Housing Wire

FEBRUARY 5, 2024

In a court document filed on Friday, HomeServices of America told the Supreme Court that each HomeServices of America client contract states that the “signatories can arbitrate any claim or dispute arising out of the contract.” There is no dispute that the plaintiffs agreed to contracts that include mandatory arbitration provisions.

Contracts 407

Contracts Brokerage Law Real Estate Agent 407

Housing Wire

APRIL 18, 2024

She also included allegations of breach of contract, misappropriation of likeness and tortious interference with prospective contracts. Another source, mortgage tech platform Modex , which collects data from public records nationwide, shows she originated over $95 million in 2020, $93 million in 2021 and $50 million in 2022.

Loan Officers 446

Loan Officers Human Resources Contracts Mortgage 446

Housing Wire

SEPTEMBER 15, 2023

Guaranteed Rate Affinity has initiated legal action against former loan originators, accusing them of breaching contracts by failing to pay back advanced signing bonuses and commissions after they left the company. He declined to comment on the lawsuit.

Loan Officers 407

Loan Officers Legal Real Estate Lending 407

Housing Wire

MARCH 28, 2024

NWMLS also noted in the motion that in its November 2020 settlement agreement with the National Association of Realtors , the DOJ asked for the types of changes made by NWMLS. DOJ’s apparent change of heart in its [statement of interest] in this case is striking,“ NWMLS wrote in the draft of its brief.

Sellers 426

Sellers Contracts Buyers Realtors 426

Housing Wire

FEBRUARY 5, 2024

In 2020, it originated $8.5 However, if the contract was terminated with cause – which includes cases of fraud or breach of fiduciary duty, among others – he would not receive the severance compensation. In the lawsuit, Seely alleges breach of contract and breach of implied covenant of good faith and fair dealing against Guild.

Retail 417

Retail Contracts Loan Officers Mortgage 417

Housing Wire

JANUARY 4, 2023

The lender and the recruiter had a formal agreement until June 12, 2020, with a non-solicitation clause prohibiting CAVU from hiring or attempting to hire its employees away from the company. The lender said that despite not formally renewing the contract, CAVU continued to provide the services as of September 2022.

Loan Officers 454

Loan Officers Contracts Mortgage Legal 454

Housing Wire

OCTOBER 23, 2023

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. According to Warner, the module that mentions commissions had just 138 views in 2020 and 2021, combined, among HomeServices’ 51,000 agents.

Law 427

Law Agents Realtors Contracts 427

Housing Wire

JANUARY 18, 2024

Myers joined Qualia in 2021 through the firm’s acquisition of Resware from Adeptive Software , which closed in December 2020. Qualia is suing both Settlor and Myers for misappropriation of trade secrets, and it is suing Myers for breach of contract, and Settlor for intentional interference with a contract.

Contracts 417

Contracts Government Business Marketing 417

Housing Wire

JULY 26, 2021

Solicitors are legally required when purchasing a home in Ireland.). And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. fell to new a new low of 4.94% in 2020. And they paid a 1% fee to their solicitor for their purchase.

Real Estate Agent 383

Real Estate Agent Real Estate Sellers Legal 383

Housing Wire

FEBRUARY 22, 2024

This way it is all part of the sales contract, and the buyer doesn’t have to come out of pocket to actually pay the broker, just like it is today,” Tozer said. “In As Tozer sees it, this enables buyers and sellers to negotiate their agent’s compensation independently before coming together to negotiate the sale of a house.

Sellers 417

Sellers Buyers Real Estate Agents 417

Housing Wire

DECEMBER 7, 2023

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.

Modernization 406

Modernization Business Contracts Design 406

Housing Wire

AUGUST 31, 2023

According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers. In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd. The Basinskis’ case is still open.

Contracts 407

Contracts Brokerage Business Training 407

Housing Wire

MAY 4, 2021

“And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.” A survey by the American Land Title Association in December found that RON adoption soared 547% in 2020.

Tools 373

Tools Human Resources Technology Real Estate 373

Housing Wire

FEBRUARY 16, 2024

Originally filed in 2020 in U.S. Preventing sellers and listing agents from setting buyer-broker commissions would promote greater price competition and innovation in the market for brokers’ services,” the DOJ wrote in the filing.

Sellers 427

Sellers Buyers Real Estate Contracts 427

Housing Wire

OCTOBER 4, 2023

Garg and Calamari’s motion to dismiss Pierce’s claim for breach of fiduciary duty, intentional infliction of emotional distress and tortious interference with contract were also granted. Pierce worked for the lender for over five years, reporting directly to Garg from September 2020 through February 2022.

Law 417

Law Contracts Business Legal 417

Housing Wire

DECEMBER 21, 2020

This year, he has also been driving ALTA’s internal legal efforts regarding the SECURE Notarization Act while overseeing the Title Insurance Political Action Committee and its regulatory efforts. WFG reports its highest volume months ever during Q2 and Q3 of 2020.

Insurance 333

Insurance Government Advertising Legal 333

Housing Wire

MAY 23, 2023

In other words, independent mortgage banks (IMBs) acting as buyers in M&A deals are being asked to assume the future R&W liabilities for past loans sold to Fannie Mae by the seller should the seller, at some point, be unable to honor the terms of the contracts.

Buyers 395

Buyers Sellers Finance Contracts 395

Housing Wire

DECEMBER 29, 2021

In 2020, Cabellero reported 6,409 transaction sides — or 18 home sales a day — for a deal volume of $2.2 Caballero does not have to guide these corporate clients through the legal and administrative work — and emotional heft — of selling a home. So, who in the world is Ben Caballero? And are these numbers for real?

Realtors 394

Realtors Real Estate Agent Agents Real Estate 394

PennyMac

APRIL 2, 2020

Is Homeowners Insurance Legally Required? Once you’ve mutually agreed upon a price, you and the seller will be under contract, also known as being in escrow. View more: Cost vs. Value Report 2020 > Step 8: Lock in a Rate & Term with Your Lender. Appliances: Are they included in the home sale?

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Will Springer Realtor

APRIL 14, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Contracts 36

Contracts Buyers Housing Market Design 36

GoForrmz

AUGUST 19, 2022

” — Exploring the Role of Social Media in Collaborative Learning: The New Domain of Learning, Ansari & Khan, 2020. Today many private communications take place in the digital realm, from online banking and legal documentation to telehealth visits and prescriptions, online security continues to grow and improve.

Technology 78

Technology Tools Legal Contracts 78

Appraisal Today

NOVEMBER 24, 2023

During the refinance boom of the early 2020’s, the majority of appraisers did not have time to come up for air. Obviously, you need legal counsel, but you may also need USPAP counsel as well. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.41

Appraisal 75

Appraisal Mortgage Business Contracts 75

Appraisal Today

JUNE 23, 2023

By collaborating with appraisers, accountants can provide clients with comprehensive financial guidance, ensure compliance with legal and tax requirements, and strengthen their overall professional services. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.73

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Will Springer Realtor

FEBRUARY 1, 2022

above list, according to 2020 data from the Northwest Multiple Listing Service. Though not a legally binding date, buyers may claim the early acceptance is disingenuous and stains the practice of residential real estate sales. On average, listings with offer review dates received 10.4%

Real Estate 36

Real Estate Sellers Buyers Legal 36

Housing Wire

MARCH 7, 2022

million in 2020 to $24.9 The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. between signing a contract to buy a home and purchase closing is 50 days, according to a September 2021 report from ICE Mortgage Technology. Meanwhile, all parties had another issue to deal with.

Real Estate 481

Real Estate Law Inspection Agents 481

Houston Properties

JANUARY 13, 2021

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. 2020 was the best year in American history for personal income. The personal savings rate averaged 7% from about 1995 – 2020. So, what did they do?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

AUGUST 31, 2022

After two record-setting years of mortgage origination volume, the mortgage industry is contracting, sharply. This production margin reached a record 203 basis points in the third quarter of 2020, as lenders were swamped with refinance volume. That changed in 2020, with productivity peaking at 3.1 in the third quarter of 2020.

Lending 383

Lending Mortgage Real Estate Loan Officers 383

GoForrmz

DECEMBER 12, 2022

In an ideal world, everything in your business runs without disruption; no paperwork is ever lost, no data is ever incorrect, and every signature is legally binding and captured quickly. But legally binding signatures aren’t always required for your documents either. But how many businesses live in that ideal world?

Legal 78

Legal Business Contracts Tools 78

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 407

Real Estate Insurance Law Real Estate Agent 407

Assurance Financial

DECEMBER 20, 2021

Recent data from the Pew Research Center found that at the end of the fourth quarter of 2020, the rate of American households that owned their own home increased to around 65.8%. A sale and settlement contingency gives you the legal right to exit a contract if you don’t receive an offer for your current home in time.

Mortgage 74

Mortgage Sellers Buyers Finance 74

Housing Wire

DECEMBER 23, 2021

In a 2018 article, The Real Deal chronicled CoStar’s legal war waged against Xceligent , once CoStar’s biggest rival for commercial property listings. billion in revenue through the first three quarters of 2021, an 18% increase from the first nine months of 2020. One part of that $42 million is Homesnap Pro contracts with MLSs.

Brokerage 406

Brokerage Agents Real Estate Real Estate Agent 406

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Dallas resident paid $19,200 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. Traditional real estate brokerages in Dallas typically charge 6% commissions, this is 6% of the final sales price of the home. 7/day – Pay as you go 0.5%

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average San Antonio resident paid $17,901 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. Traditional real estate brokerages in San Antonio typically charge 6% commissions, this is 6% of the final sales price of the home.

Realtors 36

Realtors Real Estate Advertising Agents 36