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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. James Kang, the lead plaintiff, said Wells Fargo illegally clawed back compensation. A settlement with the U.S.

Legal 488
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Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment

Housing Wire

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy.

Training 448
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Rocket Mortgage breaks into the solar industry

Housing Wire

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. “We have a significant portfolio of clients, roughly 2.5

Mortgage 448
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BlackFin Group names Christopher Call to lead professional services team

Housing Wire

“I am eager to serve our clients by delivering on their critical business needs,” Call said. “I am eager to serve our clients by delivering on their critical business needs,” Call said.

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New program puts Black real estate agents at forefront

Housing Wire

“Agents are the frontline and introduce homeownership to prospective clients,” Pope said. in the fourth quarter of 2019. Together, we believe we can fundamentally shift diversity and equality in our industry by increasing access to training, education, and support for Black real estate agents.”. last quarter.

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Brokerage executives double down on their lead generation strategies

Housing Wire

Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer. The change would go into effect in mid-July 2024 if the settlement is approved by a judge. People will still need to buy a home after July.

Brokerage 447
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Clario Appraisal Partners With Dod Skillbridge Program

Appraisal Buzz

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. — Clario Appraisal Network, Inc.,

Appraisal 370