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The email begins with excerpts from an Inman News article about CCP, which included quotes from commission lawsuit plaintiffs attorney Michael Ketchmark. Ketchmark also said that anyone who is involved in upholding CCP will be subject to legal exposure. If theyre doing it for the wrong reasons, theyre going to be held accountable.
Hladik, Chair, Legal League This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now. Hladik serves as Chair of Legal League , and is a Partner at Hladik, Onorato & Federman LLP. Q: What were some of the key accomplishments of Legal League in 2024?
citizen or legal resident and be 18 years of age or older. Check out The CE Shop Related articles The CE Shop Review: Features, pricing and pros & cons The best online real estate school for every learning style & budget The next official step is to take the exam, but don’t forget to complete some practice exams first!
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. We have seen ‘ambulance chasing’ attorneys try to scare consumers and brokers.” He left in February.
From resident relations and legal compliance to property takeover, both established and new property management company executives can quickly become overwhelmed handling all the moving parts required to run the company. When classifying someone as a contractor, there are specific legal guidelines that need to be followed carefully.
Obtain a real estate broker license Your new chapter begins with ensuring you meet all legal requirements to operate as a broker. Related articles Real estate broker vs. an agent? This includes legal, tax, and state requirements. Related article The best real estate coaching programs for 2025 3.
This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. In some cases, AI and other digital tools have also been used to create convincing forgeries of documents or to automate the process of generating fake deeds and other legal documents.
Things are ramping up in the legal battle between Move Inc. According to the filing, this included articles and documents he had authored or overseen during his time at Move. “On district court in Los Angeles has granted CoStar’s ex parte motion for expedited discovery in regard to Move’s motion for a preliminary injunction.
One of the most vocal and most notable attorneys threatening real estate industry players with legal action if they actively work to uphold CCP at NARs upcoming vote on the policy is Michael Ketchmark, the plaintiff’s attorney in the Sitzer/Burnett and Gibson commission lawsuits. And I consider it to be misleading.
Legal League has issued a brief on the recent decision in the state of Pennsylvania in the case of Foxfield at Naamans Creek v. Legal League is a professional association of financial services law firms, uniquely positioned to drive progress in the mortgage servicing industry. Legal League Advisory Council Chair Stephen M.
BDF Law Group , a provider of legal services to the financial services industry, has announced its expansion into four new states: Alabama, Mississippi, Oklahoma, and Wyoming. This expansion is not merely for growth’s sake, but rather to address a pressing need to deliver quality legal services expressed by several key clients.
This article is not intended to be an all-encompassing review of due diligence, but is meant to address some key M&A diligence areas and keep the topic top-of-mind. He also serves as outside general counsel for his clients, assisting with legal and operational issues. Nettleingham is a shareholder at Maddin Hauser.
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.
This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Read all these articles and more in the latest edition HERE. H&BU: A Quick Review Legally permissible – Does the use comply with zoning regulations and other legal requirements? This requires a little detective work.
In preparing this article, we asked mortgage, real estate and title professionals to share the experiences and challenges they face in dealing with compliance issues during this pandemic. All would appreciate guidance on how to comply with the surge of legal and regulatory changes. Their answers were no surprise.
class hours minute exam questions passing grade Related articles 6 best real estate schools in Colorado for 2025 How to get a Colorado real estate license in 8 steps Next, I’ll detail the steps to get a real estate license in Colorado. It protects you from potential legal claims that a mistake on your part caused someone financial harm.
Code of ethics changes In addition to voting on membership dues, NAR’s board of directors also voted to amend Article 4 of the trade group’s code of ethics, in an attempt to clarify Realtors’ obligations when they have ownership interest in a property. represent themselves 2. represent a member of their immediate family 3.
Editor’s note: This is the third in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. It is no secret that many first-time homebuyers are struggling.
A homeowners insurer trade group, which has mounted successful legal challenges of the standard in the past, said it sees no reason the rule should apply to its industry. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. This content is exclusively for HW+ members. Become a member today. Already a member?
In an analysis of more than 100 real estate wire fraud cases, CertifID found that the most common wire fraud-related legal liability issues for real estate firms are negligence, breach of contract, deceptive business practices and breach of fiduciary duty. As a custodian of funds, you are in a position of trust and knowledge.
This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now. Not following local zoning regulations can lead to fines, penalties, and even possibly legal action. For ADUs that are legal nonconforming or illegally built, there are many hurdles to overcome.
We will get to examples in more detail later in this article. They can be persuasive, use sales closing techniques and sound like a legal draft, as referenced in a CNN news article about an agent named Asion: Recently, a client reached out to Asion with a problem: the woman had moved into a pre-construction home and couldn’t open her windows.
Part 2 examines how MLSs have implemented the measure so far, and legal challenges to the pocket prohibition. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. This is HousingWire’s two-part series examining the ramifications of NAR’s decision last year to ban pocket listings. Become a member today.
If youre reading this article, youre not alone. You may even want to run it by an attorney to ensure it is a fair and legal agreement. Related articles How to become a part-time real estate agent & get clients fast How to be a successful real estate agent (without going broke) Real estate broker vs. an agent?
Image generated by AI in Midjourney) Editor’s note: This is the fourth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. It’s been one year since the Sitzer/Burnett verdict was rendered in Missouri. What has changed for real estate brokerages since then?
Mathew Blake: This is not an obscure, legal matter. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. HousingWire: To start, the Department of Justice allowing itself to pursue a broader investigation into the NAR is a high-level, brewing conflict. How, if at all, does it practically affect agents?
Ray said Ketchmark’s actions, which also included bringing before the jury an Inman article about NAR’s decision to deem $0 commission offers as acceptable , were making it “increasingly difficult for defendants to get a fair trial.” Ketchmark knows better.” BHHS CEO Gino Blefari took the stand soon after.
This article originally appeared in FinLedger , HousingWire’s sister-publication focused on Fintech. In addition, he was the director of legal services at Accenture , chief compliance counsel at Opus , and counsel and special counsel at Ballard Spahr and Pepper Hamilton.
In many instances, such claims are without legal merit but they nonetheless should be taken seriously. Patrick MacQueen is the founder of Medalist Legal in Chandler, Arizona. This article is for information purposes only and should not be deemed as legal advice. Confirm that your brokerage documents (e.g.,
After reviewing the terms of the settlement agreement, the court has determined that the legal and factual bases [outlined] in the motion establish just cause for the relief granted herein,” the order reads based on court filings reviewed by RMD. Monica Williams, a former loan account manager in Live Well’s Richmond, Va.
In the past, almost every major log home magazine has posted an article on the topic. With all the construction of log homes, there needs to be legal and competent appraisals for these homes. The truth is that not all log homes are legal and depending on the location and climate, different log thicknesses are required to be legal.
Below, Huskey answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Budge Huskey: No specific article but generally zone in on those by Logan Mohtashami. HousingWire: What has been your biggest learning opportunity? Budge Huskey: The Great Recession.
In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.
Potter was recently promoted after serving as head of legal and capital markets and is a thought leader in the industry, regularly sharing his insights on how the industry can move forward through the power of innovation. This week’s HW+ member spotlight features Jeremy Potter, chief evangelist at Stavvy , a 2022 Tech100 Mortgage winner.
This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event.
She also claims that if the suit had continued, NAR would have been able to file legal documents that “cast a different light on the allegations.” However, in the letter, Drake states that based on her investigation, the allegations in the Brevard lawsuit were not true.
You mentioned that ProPublica article that obviously had some very troubling allegations, I don’t want to comment on that in too much detail,” Chopra said. HousingWire reached out to HomeVestors for comment but did not hear back before this article was published.
Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. Below, Kully answers questions about the industry: HousingWire: To start off, what is your current favorite HW+ article? McCargo’s nomination.
This article was originally published on FinLedger, HW Media’s new, fintech-focused sister publication. 12 conference call, Kelly explained that it had become “quite clear” in recent weeks that the Department of Justice was unwilling to work with Visa and Plaid to bring the legal action to “a timely and reasonable conclusion.”.
In this article, well cover the five simple steps you’ll need to follow and recommend the best courses to complete the 77-hour course that New York State requires. Check out our FAQs section for how long the process takes, and tips for speeding the process up, as well as the helpful links section at the bottom of this article.
This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Read all these articles and more in the latest edition HERE. They hadn’t anticipated that ChatGPT would invent legal precedent out of whole cloth. So, too, is the risk that results will be poor.
In this article, well cover the definition of a pocket listing, the pros and cons for both agents and sellers, and how to transact off-market legally and ethically. Are pocket listings legal and ethical? Plus, well give you marketing ideas for promoting your pocket listings. What is a pocket listing in real estate?
Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Turner & Co since 1990. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Exclusive access to the HW+ Slack community and virtual events. HousingWire Magazine delivered to your home or office. Become a member today.
This won’t just protect against legal or regulatory risk. To contact the author of this article: Michael Krein at mkrein@nrba.com To contact the editor responsible for this article: Deborah Kearns at deborah@hwmedia.com In many cases, the existing standard even needs to be raised.
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