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Amid legal uncertainty, MLSs explore cooperative compensation workarounds

Housing Wire

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.

Legal 424
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Liberty Reverse Mortgage hit with class-action suit alleging violation of California labor laws

Housing Wire

allegedly violated California labor laws by failing to provide employees with rest breaks, meal breaks and appropriate compensation for off-the-clock and overtime work, according to a newly filed class-action lawsuit. Representatives for the law firms could not be immediately reached for comment. and its subsidiary PHH Mortgage Corp.,

Law 397
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Legal & Accounting with Peter Christensen

Appraisal Buzz

In today’s Buzzcast, we dive into the Legal and Accounting presentation of our Business Building Workshop being held at Valuation Expo on September 8th. Today we have the host, Peter Christensen, Owner of Christensen Law Firm, with Joan Trice, Founder of Allterra Group, LLC. Do you hire employees or independent contractors?

Legal 370
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Abortion, marijuana laws play a role in relocation decisions

Housing Wire

The passage of the so-called “heartbeat bill” in Texas and similar laws in other states, access to legal and safe abortions has become a major concern for some recent movers. About one-in-seven people who recently moved said they would not live in a place where abortion is fully legal, according to a Redfin report released this week.

Law 417
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Florida affordable housing law that dilutes local power has upset the apple cart

Housing Wire

A new affordable housing law passed by Florida’s legislature and signed in March by Gov. Ron DeSantis is reportedly creating anxiety among local elected officials who are concerned that the new law cedes too much control over zoning and other matters to the state government. The process has gone more smoothly in St.

Law 351
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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. According to Goldberg, NAR takes antitrust law very seriously and it instructs members to not fix or control commissions.

Law 427
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Opinion: Two legal issues relevant to FHFA’s review of FHLB system

Housing Wire

This article addresses two legal issues relevant to the review: FHFA’s statutory authority to reduce the number of Federal Home Loan Banks, and The application of the FHLBank statutory “super lien”. This provision may be challenged by the affected FHLBank under legal process. Alfred Pollard is a former Chief Counsel for the FHFA.

Legal 354