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DocMagic adds ADA-compliant loan documents to its library

Housing Wire

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. The new digital documents are accessible to visually impaired users and others with disabilities, unlocking opportunities for these consumers into the broader mortgage market.

Design 317
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Sitzer plaintiffs expected to rest their case today

Housing Wire

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. During his testimony, Alford said that NAR’s Participation Rule “is not designed to benefit home sellers.”

Legal 373
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Celink files objection seeking dismissal of fees lawsuit

Housing Wire

Compu-Link Corporation , the servicer said that the recommendation was made on a more procedural basis rather than the actual merits of Celink’s original motion to dismiss “without prejudice” — meaning it can be refiled at a later date if granted — according to court documents reviewed by RMD.

Legal 358
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UWM moves to dismiss AML’s antitrust claim 

Housing Wire

The document brings 12 antitrust counts, including claims related to Michigan, California, Florida, and Texas statutes. The document cites companies such as Wells Fargo, which reduced its presence in the channel, and loanDepot , a competitor that exited the wholesale space in 2022.

Legal 344
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Opinion: Foreign land ownership legislation and principles for protecting property rights

Housing Wire

As an organization dedicated to protecting property rights, the American Land Title Association (ALTA) wants to help ensure laws do not discriminate against or prevent people from legally purchasing real estate. Laws should mandate that authorized state agencies record relevant documents and court orders in local land records.

Law 369
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Yes, real estate agents need to protect trademark rights in your brand

Housing Wire

A well-designed visual identity — either through the distinct font and colors you choose for your brand, through a logo, or through a combination of both — offers you an even more important opportunity. Without a federal trademark registration, you’ll have little to no legal recourse. you will have grounds to demand that they stop.

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Fannie Mae warns Northern CA mortgage lenders of child support income scheme

Housing Wire

The scheme also commonly features “altered court documentation with case numbers that begin with ‘HF,’” since the State of California’s court case numbers do not begin with “HF.” For lenders who suspect that they may have clients attempting to perpetrate the scheme, Fannie Mae recommends documenting all applicable details.