Housing Wire

OCTOBER 2, 2023

Following his presentation, Wolcott allegedly said in an email that his new company was also engaged in dialogue with Black Knight , which competes with CoStar in the real estate and property data business. CoStar also seeks monetary damages stemming from the costs and legal fees resulting from the suit.

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Housing Wire

MARCH 26, 2024

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. They also highlight a provision added by the IALC in August, allowing KW to utilize profit-share program funds for legal defense against disputes. Moulder, David L. Bueker and Robert E.

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Brokerage Legal Agents Realty 497

Housing Wire

JANUARY 16, 2024

So, while I make no claim as to the specific deep legal issues, I have some familiarity of antitrust actions and more in the conduct of legal actions in a courtroom. No evidence of collusion First, according to the filings, the plaintiffs in the case presented no evidence at trial as to any collusion or conspiracy among the defendants.

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Housing Wire

JANUARY 27, 2022

With the federal foreclosure moratorium expiring in 2022, the market will undoubtedly see growth in foreclosure transactions as it tries to catch up on both past and present loans. Jeremy Potter Head of Legal and Capital Markets, Stavvy. Cohen First Vice President and Corporate Counsel, Default Administration, Community Loan Servicing.

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Inman

NOVEMBER 9, 2023

Following a multiyear legal battle, Judge Joseph Lipner ruled that Carl Westcott presented "no credible evidence" that he lacked the mental capacity to sign the deal with Perry and Bloom in 2020.

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Housing Wire

MARCH 25, 2024

Remain calm, trust that you are in the right place and go sell real estate,” Wendi Harrelson, the president of Keller Williams Realty International -owned regions, said during the presentation on Monday. Cooperative compensation is still legal,” Papasan stressed. The executives said they received more than 150 questions.

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Agents Advertising Real Estate Buyers 437

Housing Wire

SEPTEMBER 11, 2023

The Mortgage Bankers Association (MBA) presented its annual Ken Markison Legacy Achievement award to Michael Eising, a vice president and mortgage compliance manager at Merchants Bank of Indiana. His overarching duty remains to steer the bank’s mortgage operations into full alignment with both federal and state legal mandates.

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Housing Wire

NOVEMBER 9, 2023

The jury reached an outcome that was neither supported by the law nor the facts that were presented in this case,” Kasper said in a video posted Thrusday. With the final ruling and injunction still unknown , Kasper acknowledged that there is a large amount of uncertainty swirling in the industry.

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Agents Legal Sellers Clients 427

Housing Wire

NOVEMBER 30, 2023

The three defendants who were present at the trial, NAR, Keller Williams and HomeServices of America , have all vowed to appeal the verdict. Braun argued that legal issues still playing out in the Sitzer/Burnett suit was not a reason to delay the trial in the Moehrl case.

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Housing Wire

FEBRUARY 13, 2023

Darren Heitner, JIM’s attorney and founder at Heitner Legal , P.L.L.C, said regarding the sponsorship agreement that “the deliverables were met and EPM will fail in its helpless effort to essentially create terms in a contract that were not present.” Jesse Iwuji asked us to contact his lawyer for comment.

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Housing Wire

APRIL 15, 2024

Others noted that the practice of cooperative compensation has been codified as a legal practice in many states, so they ask their clients what they have read or heard and what specific questions they have. “I

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Inventory Agents Real Estate Sellers 417

Housing Wire

JANUARY 8, 2024

In its motion for judgement as a matter of law, HomeServices asks the court to set aside the jury’s verdict and damages award, claiming that the evidence presented at the trial was insufficient to prove an antitrust violation. Furthermore, they do not demonstrate any antitrust impact or injury due to its enforcement.

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Housing Wire

APRIL 30, 2021

Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. This is the final of a three part series on residential real estate sales commissions. You know what’s annoying? Telling someone the Internet has made their life a lot easier.

Real Estate 437

Real Estate Real Estate Agent Agents Legal 437

Housing Wire

OCTOBER 19, 2021

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.

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Law Legal Real Estate Agent Real Estate 417

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.

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Business Marketing Real Estate Legal 406

Housing Wire

APRIL 9, 2024

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. Last October, Ameris Bank had to pay $9 million to settle a redlining case.

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Modernization Lending Legal Legal Fees 431

Housing Wire

AUGUST 17, 2023

Though the National Association of Realtors is not out of the legal woods yet, the trade group does have reason to celebrate. Although Zillow’s legal battle against REX is not over, the company was pleased with Wednesday’s ruling. In his order dismissing the claims, Judge Thomas Zilly of the U.S.

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Advertising Legal Brokerage Realtors 370

Housing Wire

MARCH 31, 2023

Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. With Healey’s signature, Massachusetts is now the 43rd state to legalize digital real estate closings, which started with Virginia in 2012. The law goes into effect on January 1, 2024.

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Law Legal Real Estate Technology 383

Housing Wire

SEPTEMBER 1, 2023

Airbnb hosts will have to meet several new requirements, including not renting out an entire apartment or home; and being present during guests’ short-term stays. Airbnb estimates that 5,300 existing reservations would be affected during the first week of enforcement, according to an August legal filing.

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Housing Wire

NOVEMBER 8, 2023

1, 1996 through the present, purchased in the United States residential real estate that was listed on an NAR MLS.” 1, 1996 through the present, purchased in the Indirect Purchaser States residential real estate that was listed on an NAR MLS.” The first is a nationwide class, which consists of “all persons who, since Dec.

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Real Estate Realtors Sellers Agents 427

Housing Wire

NOVEMBER 28, 2023

They’re caught in the headlights of change, poring over legal jargon, worrying about commission structures and losing sight of the prize – sales. Presentation skills: A gateway to higher conversion rates Presentation skills are another crucial element. Presentation analytics are invaluable in honing these skills.

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Real Estate Real Estate Agent Loan Officers Clients 329

Housing Wire

JULY 14, 2022

Cuts also hit operations, risk and compliance, legal, finance, business operations and marketing teams, according to a presentation held on Wednesday afternoon. . Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.

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Human Resources Construction Legal Investors 395

Housing Wire

AUGUST 8, 2023

Though the three-page lawsuits offer little detail about the contract, including when the lenders stopped paying and what services were offered, a filing from MLD’s chief legal and chief enterprise risk officer included a copy of the contract with Lender Toolkit. None of the plaintiffs or defendants responded to requests for comment.

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Mortgage Contracts Legal Business 367

Housing Wire

MARCH 9, 2023

The move, which was widely expected, sets the specter for a legal challenge between Atlanta-based ICE and the federal government. “ICE is fully confident in our position and look forward to presenting it in court,” the company said in a statement Thursday.

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Housing Wire

JANUARY 2, 2024

27, 2019, and the present. We will continue to seek to protect those we represent and defend our position in the appropriate legal forums, including with this new case which is duplicative of the others previously filed,” the statement concluded. The lawsuit is seeking class action status for everyone in the U.S.

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Sellers Brokerage Real Estate Realtors 417

Housing Wire

DECEMBER 7, 2020

Carrollton, Texas-based a360inc , an employee-owned legal and financial services technology and outsourcing company, acquired Express Notary Services , a national notary and signing services provider based in Irvine, California. Presented by: Altisource.

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Housing Wire

MARCH 12, 2024

million in legal expenses regarding the expected settlement of outstanding litigation, compared to $2 million in Q3 2023. Despite all the challenges that were presented by the market in 2023, we prioritized growing our assets under management, which ended the year at $145 billion.” loanDepot accrued $3.7

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Housing Wire

OCTOBER 26, 2023

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022.

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Law Agents Brokerage Buyers 406

Housing Wire

SEPTEMBER 22, 2023

These two changes were also proposed in an anonymous letter from NAR staffers, presented by NAR Regional Vice President Shannon King during a committee meeting on Monday. “We represent all levels of management, in both D.C. and Chicago,” the letter, which was first reported on by Inman News , states.

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Law Legal Human Resources Realtors 406

Housing Wire

MAY 17, 2022

Presented by: DataVerify . and Keefe, Bruyette & Woods served as financial advisors to Inco-Check Winston & Strawn served as legal counsel to NGC. As lenders navigate through increased competition and fraud risk, it’s crucial they find solutions that balance workflow improvement. Berkery Noyes & Co.

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Logistics Legal Investors Technology 370

Housing Wire

JULY 13, 2022

American Digital Title’s AUM offers near-instant validation of title status and is supported by data feeds of legal and vesting/ownership information. Working with like-minded partners like American Digital Title is critical in presenting both homeowners and investors the best possible experience.”. Holding Corp.

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Business Insurance Real Estate Legal 395

Housing Wire

FEBRUARY 14, 2024

A federal trademark registration provides legal protection for you in many ways, including: First, when you apply for federal trademark registration, you will usually want to conduct a search for prior conflicting marks before you apply. Without a federal trademark registration, you’ll have little to no legal recourse.

Real Estate Agent 427

Real Estate Agent Real Estate Agents Brokerage 427

Housing Wire

FEBRUARY 1, 2021

Clinton’s long-standing career in public service, in-depth legal expertise in housing policy and executive leadership skills will help bolster FHFA’s work as a world-class prudential regulator.”. Presented by: Motto Mortgage. Prior to joining the agency, he served for 24 years in various senior legal roles at the U.S.

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Legal Law Brokerage Finance 454

Housing Wire

AUGUST 11, 2022

Presented by: Selene Finance. That development prompted concern from legal experts that the information could be used as a basis for fair lending lawsuits. The requirement echoes a similar requirement for lenders selling loans to the GSEs.

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Lending Finance Loan Officers Legal 383

Housing Wire

JULY 26, 2022

Presented by: Polly. Two days after shutting down, Sprout was sued by former workers alleging it laid off around 100 employees at the New York office without giving legally required written notice and failing to pay their paychecks.

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Mortgage Legal Lending Investors 383

Housing Wire

OCTOBER 16, 2023

According to Katie Johnson, NAR’s Chief Legal Officer, jury selection started last week and should finish today. Named in the class action are NAR, RE/MAX , Anywhere , Keller Williams and Berkshire Hathaway HomeServices. “We are now anticipating opening arguments to begin on Tuesday, Oct. million, respectively.

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Buyers Brokerage Agents Realtors 454

Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. Presented by: Mortgage Coach. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”.

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