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Side files restraining order against Alexander brothers for allegedly moving loan collateral

Housing Wire

Side claims the defendants have breached contracts between the two parties that were extended in August 2022. The complaint states that Official Partners and the brothers agreed to pay the principal sum and interest on the loan, and that Side should be paid additional damages related to legal fees and a jury trial.

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Could American reverse mortgage companies someday partner with one from Australia?

Housing Wire

There is also a requirement that a client must seek independent legal advice before taking out a loan. In 2012, the Australian government introduced high levels of regulation, including negative equity protection on all new reverse mortgage contracts, which helped to counter negative perceptions. appears encouraging.

Mortgage 335
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Supreme Court hears arguments on FHFA structure

Housing Wire

The case has the potential to be the most profound legal decision to affect the mortgage market in over a decade. The agreement was amended in 2012 , requiring Fannie and Freddie to pay dividends pegged to the companies’ net worth (as opposed to the size of the Treasury Department’s investment). home loans.

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NAR board votes to leave dues unchanged in 2025

Housing Wire

Additionally, NAR membership in 2023 decreased on a year-over-year basis for the first time since 2012. represent an entity in which the REALTOR(R) or member of their immediate family has a legal interest.” represent an entity in which the REALTOR(R) or member of their immediate family has a legal interest.”

Realtors 397
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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. In addition, the contract stipulated that agents must join their local Realtor association.

Law 459
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G-Rate sued for gender discrimination, sexual harassment, unpaid comp

Housing Wire

McDermott joined G-Rate when the lender acquired Superior Mortgage in 2012, and resigned in November 2022. She also included allegations of breach of contract, misappropriation of likeness and tortious interference with prospective contracts. “We know Megan very well and treasured her 10 years with the company.

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Private-label MBS market facing strong headwinds

Housing Wire

By 2012, in the wake of the global financial crisis, private-label MBS market share had shrunk to 1.83%. The frenetic pace of growth in nonagency issuance has since slowed, however, due to a variety of market pressures — chief among them the contraction of mortgage originations in the face of fast-rising interest rates. “In

Marketing 435