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Fathom is the latest brokerage to settle the commission lawsuits

Housing Wire

In the filing, Fathom told shareholders that it “believes that it has, and will generate, adequate funds to make these payments without compromising its business.” In settling the commission lawsuits, Fathom joins NextHome , The Keyes Co.

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United Real Estate settles the commission lawsuits

Housing Wire

The brokerage said it has also agreed to adhere to certain business practice changes, which are not being disclosed at this time. The company said in a statement that the settlement was the “best course of action as it will save United Real Estate significant legal fees and allow the company to move forward.”

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Mr. Cooper, ACI to settle lawsuit over unauthorized mortgage payments

Housing Wire

Mortgage servicer Nationstar , doing business as Mr. Cooper , is expected to settle a lawsuit with electronic payment processing vendor ACI Payments that is related to alleged damages from unauthorized mortgage payments imposed on Mr. Cooper’s customers three years ago. The settlement notice was filed Aug. 30 in a U.S.

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Liberty Reverse Mortgage hit with class-action suit alleging violation of California labor laws

Housing Wire

This includes compensation for meal and rest periods that were allegedly unfulfilled, as well as expenses incurred by the class for their job duties and any legal fees that may arise from the case.

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Mr. Cooper sues ACI for damages related to unauthorized mortgage payments

Housing Wire

Mortgage servicer Nationstar , doing business as Mr. Cooper , has filed a lawsuit against electronic payment processing vendor ACI Payments related to the damages it allegedly suffered from unauthorized mortgage payments imposed on its customers two years ago. In total, ACI initiated around 1.4 million ACH withdrawals.

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Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges

Housing Wire

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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ALTA: Protecting property rights with title insurance

Housing Wire

Having owner’s title insurance means the cost of defense and legal fees that typically would be the homeowner’s responsibility instead are paid by the title insurer. Recently, an attorney shared with me how one of her clients purchased a home in Connecticut. Consumers can shop around and should compare policies.

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