article thumbnail

Agents maneuver a labyrinthine legal landscape: The Download

Inman

There's been a heapin' helpin' of new developments in the commission lawsuits. Here's how to pivot and be ready for whatever comes next.

Legal 175
article thumbnail

Major homebuilder objects to proposed NAR settlement

Housing Wire

Second, the settlement agreements envision claims made through a hand-filled claim form, a needless and time-consuming complication for a homebuilder that will be downloading this information from computer databases.”

Legal 459
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Could your cold calls get you into legal hot water?

Inman

This week on The Download, we take a look at the latest Keller Williams class-action lawsuit over cold calling.

Legal 129
article thumbnail

Movement sues Summit, former veteran sales executives for poaching

Housing Wire

The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. Increasing the tone of the legal battle, Pennington filed a counterclaim against Movement requesting about $9.8 million in unpaid compensation.

article thumbnail

How ChatGPT can help you work more efficiently and generate more leads

Housing Wire

No downloading of software or an app is required. They can be persuasive, use sales closing techniques and sound like a legal draft, as referenced in a CNN news article about an agent named Asion: Recently, a client reached out to Asion with a problem: the woman had moved into a pre-construction home and couldn’t open her windows.

article thumbnail

loanDepot notches partial win in scrap with CrossCountry

Housing Wire

A representative for CrossCountry told HousingWire, “As a matter of practice, we do not comment on legal matters.” . loanDepot president and CEO, Frank Martell, said in a statement that the company was “extremely pleased” with the ruling and noted that “loanDepot will continue to vigorously protect its interests.”.

Legal 399
article thumbnail

NEXA Mortgage sued over broker’s alleged data theft

Housing Wire

The suit mirrors an earlier, parallel legal action filed in Illinois state court. In the federal lawsuit, Smart Mortgage alleges that Noe downloaded Dropbox on his company computer without authorization on Feb. 2013 and February 2019. 2013 and February 2019.

Mortgage 415