article thumbnail

More legal action taken against Keller Williams’ profit-sharing program 

Housing Wire

Hill and Kevin Ortiz — took legal action against the real estate brokerage by filing four separate class-action lawsuits. There are now a total of five class-action lawsuits against KW challenging the company’s profit-sharing program adjustments. Earlier in March, four agents formerly affiliated with Keller Williams — Jerri L.

Legal 431
article thumbnail

UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

Housing Wire

The wholesale lender said it’s offering legal support to partners in case they are sued and once again accused Rocket Mortgage of being behind the report, which the rival denies. He left in February.

Legal 423
Insiders

Sign Up for our Newsletter

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

article thumbnail

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 420
article thumbnail

LeadingRE promotes Reisinger to COO, Edgerton to Chief Legal Officer

Housing Wire

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton will now oversee the company’s legal affairs, such as regulatory compliance, trademark protection, and contract management.

Legal 391
article thumbnail

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. Peter Christensen is one of the hosts within the Business Building Workshops and we’ll be getting the inside scoop on growing and understanding the legal structure of your business.

Legal 370
article thumbnail

CFPB details legal requirements for lenders’ use of A.I. when making credit decisions

Housing Wire

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a series of legal requirements lenders must adhere to when using artificial intelligence (AI) or “other complex models” when making decisions about the creditworthiness of borrowers.

Legal 410
article thumbnail

Cenlar Promotes Key Legal-Team Members

Appraisal Buzz

The post Cenlar Promotes Key Legal-Team Members appeared first on DSNews. The post Cenlar Promotes Key Legal-Team Members appeared first on Appraisal Buzz. DeAngelo and Jennifer Scoliard reflect the subservicer’s dedication to employees, clients, and homeowners, a spokesperson says.

Legal 195