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PennyMac pays $158M to Black Knight in servicing platform dispute

Housing Wire

In the lawsuit filed in the Fourth Judicial Circuit Court of Duval County, Florida, the plaintiff sought $340 million in damages and injunctive relief under the Florida Uniform Trade Secrets Act, along with declaratory judgment of ownership of all intellectual property and software developed by or on behalf of PennyMac.

Legal 367
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How to become a luxury real estate agent

Housing Wire

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? Develop in-depth knowledge, showcase your expertise, and position yourself as the go-to authority in that property or market niche. Visit Agent Image 3.

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Cenlar FSB promotes leaders in wholesale bank division

Housing Wire

This includes setting pricing for prospective clients, managing pricing for existing clients as they renew their contracts, and identifying other opportunities to support Cenlar’s clients and their homeowners. Headquartered in Ewing, NJ, Cenlar FSB is a subservicer that caters to clients in all 50 states and U.S.

Valuation 334
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The state of the homebuilding market

Housing Wire

Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. of builders showed profitability with $1 million plus contracts on average. Homebuilding Contract Values.

Marketing 464
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Fintech Maxwell acquires digital lending platform Revvin 

Housing Wire

Maxwell acquired LenderSelect Mortgage Group from Blue Ridge Bank in May to expand its secondary market trading platform, bringing hundreds of new clients to the company’s other solutions. The company announced in July that product development veteran Paul Wetzel joined the company as senior vice president of products.

Lending 405
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Brokerage executives double down on their lead generation strategies

Housing Wire

To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates. 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.

Brokerage 367
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LeadingRE promotes Reisinger to COO, Edgerton to Chief Legal Officer

Housing Wire

Edgerton will now oversee the company’s legal affairs, such as regulatory compliance, trademark protection, and contract management. Prior to joining LeadingRE, Reisinger served as Regional Director for relocation and client development at Coldwell Banker. million global transactions a year.

Legal 379