Housing Wire
NOVEMBER 8, 2023
Though these policies have been put in place to avoid future antitrust lawsuits, legal experts who spoke to HousingWire said they might not be enough. But the policy may still present a legal issue, as it requires listing agents to make an offer compensation, even if that offer of compensation is in fact nothing ($0), law professors said.
Housing Wire
JUNE 30, 2023
Attorney noted that we ‘took significant measures to stop the practices, both before and after being notified of the United States’ investigation,’ and that the settlement is ‘not an admission of any legal liability.’ Like its peers, Movement has the authority to originate and underwrite loans without first having the government review them.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MARCH 8, 2024
But government attorneys representing Ginnie Mae (GNMA) say that it doesn’t matter whether or not such verbal promises were made. District Court for the Northern District of Texas that verbal agreements are not legally binding and the case should be dismissed, according to court filings reviewed by RMD. Attorneys for the U.S.
Housing Wire
MAY 4, 2022
But what the federal government will do with the data after it is collected is less clear. ” Data collected from the form will be reported to the government sponsored enterprise purchasing the loan. The post FHFA language disclosure rule stokes fears of legal blowback appeared first on HousingWire.
Housing Wire
JANUARY 24, 2022
Apart from questions of governance, the report found significant gaps in the Appraisal Foundation’s fair housing requirements and training. The post The appraisal industry’s governance problem appeared first on HousingWire.
Housing Wire
APRIL 19, 2024
Government attorneys deny that TCB “is entitled to any of the relief sought in the complaint,” adding that they deny “[e]ach and every allegation, as well as all inferences, arguments, and legal conclusions based on them.” This is according to court documents reviewed by RMD. The judge largely disagreed.
Housing Wire
APRIL 4, 2024
The federal judge overseeing a case brought by Texas Capital Bank (TCB) against Ginnie Mae has dismissed a portion of the bank’s complaint against the government-owned company but will allow the majority of the case to progress, according to court filings reviewed by RMD. Presiding Judge Matthew Kacsmaryk ruled in the U.S.
Expert insights. Personalized for you.
389 
Let's personalize your content