Housing Wire

OCTOBER 18, 2022

On August 5, about one month after Sprout shutting down, the parties executed a new agreement saying FirstFunding “is permitted to immediately exercise all of its rights,” including FirstFunding receiving mortgage loan proceeds directly from Sprout or any borrower, according to documents attached to the lawsuit.

Contracts 397

Contracts Law Legal Mortgage 397

Housing Wire

DECEMBER 17, 2024

The Campolis allege that the Bulls failed to deposit $100,000 in earnest money as agreed to in the contract, instead forging documentation falsely showing that the money had been deposited.

Realty 397

Realty Real Estate Advertising Agents 397

Housing Wire

APRIL 20, 2023

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. According to a lawsuit filed in March in a U.S

Contracts 397

Contracts Loan Officers Best Value Legal 397

Housing Wire

NOVEMBER 21, 2024

In the suit, Move alleges that Kaminsky stole documents and trade secrets from Realtor.com, which he then provided to CoStar to fuel the rapid growth of Homes.com. Move also noted that it retained a forensics expert to investigate the scope of Kaminsky’s document access and assess any alleged damage he may have caused.

Legal 370

Legal Legal Fees Business Contracts 370

Housing Wire

FEBRUARY 4, 2025

Compass One gives clients easy access to relevant documents, calendars, listings and communication with their agent. Within the platform’s dashboard, clients can view documents like offers, appraisals, listing contracts, open houses and more.

Clients 413

Clients Brokerage Advertising Sellers 413

Housing Wire

OCTOBER 28, 2024

In a document filed on Monday in U.S. Additionally, Monestier claims that some buyers are being asked to sign documents that allow for “seller paid bonuses,” if the seller is offering more compensation than the buyer and their broker agreed to.

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

JUNE 26, 2024

According to the document, filed on Monday in a superior court in Maricopa, Arizona, the lawsuit is the “handiwork” of Kortas. “NEXA claims that Grella breached his fiduciary duty to the company — but as a member of a manager-managed company at the time of the alleged misconduct, he had no such duty.”

Contracts 390

Contracts Legal Sellers Brokerage 390

Housing Wire

NOVEMBER 1, 2024

Last but not least, real estate agents prepare documents such as closing documents, purchase agreements, and leases while ensuring that the transaction is in compliance with local laws and their client’s terms are met. This course covers real estate law, contracts, finance and ethics. your state’s real estate license exam.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

JUNE 4, 2024

Supreme Court rejected a challenge to its funding mechanism in mid-May, the Consumer Financial Protection Bureau (CFPB) is now targeting the use of what it deemed ”unlawful or unenforceable” terms and conditions in contracts. On Tuesday, the U.S.

Legal 448

Legal Contracts Law Lending 448

Housing Wire

SEPTEMBER 6, 2023

The CFPB on September 1st, 2023 posted official HUD RESPA guidance documents that are still applied by the agency — including HUD RESPA Statement of Policy 1999-1 issued on March 1st, 1999,” he said. It is not exhaustive of all HUD documents that continue to apply.” The list includes Statement of Policy 1999-1 referenced by Berenbaum.

Mortgage 448

Mortgage Contracts Real Estate Development 448

Housing Wire

JUNE 12, 2024

government have requested an extension of deadlines related to discovery in the case brought by Texas Capital Bank (TCB) against Ginnie Mae over the extinguishment of a priority lien tied to the loan portfolio collateral of Reverse Mortgage Funding (RMF), according to court documents reviewed by HousingWire ’s Reverse Mortgage Daily (RMD).

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Government Law Contracts Development 443

Housing Wire

MARCH 5, 2025

In a document filed in late January by plaintiffs Davis and former Arizona franchise owner Jesse Herfel demanding arbitration, Davis also claims that a former employee was fired after accusing John Keller, the companys executive vice chairman and the son of co-founder Gary Keller , of sexual misconduct in a report.

Legal 377

Legal Training Business Contracts 377

Housing Wire

NOVEMBER 1, 2023

The newly-updated Fannie Mae November Selling Guide now bars job offers or contracts for future employment from family members or interested parties involved in a transaction. “We The update also includes new general lender requirements regarding staffing, training and policies to maintain seller and/or servicer eligibility.

Contracts 459

Contracts Training Sellers Mortgage 459

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

Real Estate 448

Real Estate Brokerage Valuation Contracts 448

GoForrmz

JANUARY 7, 2025

One way to achieve this is by transitioning from traditional paper forms to digital forms and documents. Streamline Document Access and Management Real estate transactions often move at lightning speed. By using electronic forms, you can ensure youre always prepared with the necessary documents at your fingertips.

Real Estate 148

Real Estate Tenants Property Management Clients 148

Housing Wire

DECEMBER 26, 2023

.” “Based on our investigation, we understand that your name, address, social security number, and loan number may have been obtained by the unauthorized third party,” the document states. The suit was filed by Teneika Tillis , a Loancare servicing client, in the U.S. District Court for Central California.

Law 505

Law Contracts Insurance Clients 505

Inman

NOVEMBER 19, 2024

As real estate continues to evolve in a post-Sitzer | Burnett era, contract documents are likely to be refined and modified to reflect current trends, broker Cara Ameer writes.

Contracts 167

Contracts Real Estate Agents 167

Housing Wire

JANUARY 13, 2023

Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. of builders showed profitability with $1 million plus contracts on average. A documented process can help builders achieve industry standards.

Marketing 493

Marketing Contracts Supply Chain Project Management 493

Housing Wire

AUGUST 2, 2024

The BIG Agent is a consumer-agent-broker collaboration portal, which enables users to access buyer agency agreements, e-signature contracts, disclaimers, offer management and compensation disclosures. Users can send documents to clients’ phones for e-signature tasks. “The

Technology 448

Technology Agents Mortgage Open Houses 448

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. This frequently results in delayed document review and general inefficiencies in pre-closing procedures.

Insurance 433

Insurance Real Estate Agent Brokerage Agents 433

Housing Wire

JULY 23, 2024

Courts universally hold that a non-signatory may not enforce a forum selection clause where the contract expressly precludes third parties from benefiting from or enforcing the contract,” the filing reads. TCB’s lawsuit ‘involve[s]’ both the tail agreement and loan documents […].

Government 444

Government Contracts Mortgage 444

Housing Wire

JANUARY 6, 2025

In a document filed last week, BHE asked Bough to reconsider his order denying BHEs motion to strike the class-action allegations and to dismiss for failure to state a claim. Berkshire Hathaway Energy (BHE), the parent company of real estate brokerage firm HomeServices of America , has asked Judge Stephen R.

Contracts 432

Contracts Law Legal Real Estate 432

Housing Wire

FEBRUARY 5, 2024

In a court document filed on Friday, HomeServices of America told the Supreme Court that each HomeServices of America client contract states that the “signatories can arbitrate any claim or dispute arising out of the contract.”

Contracts 435

Contracts Brokerage Law Real Estate Agent 435

Housing Wire

FEBRUARY 24, 2021

Digital notary startup Notarize is now offering free notarizations in an effort to eliminate racial covenants in title insurance documents. “Changes to a title require a document to be notarized, and Notarize wanted to help,” said Cristin Culver, a spokesperson for Notarize. Notarize stepped in to offer help.

Law 434

Law Real Estate Contracts Brokerage 434

Housing Wire

DECEMBER 18, 2024

.” Nierenberg also added that the platform creates custom buyer-brokerage agreements in the wake of the National Association of Realtors ‘ settlement that requires agents to have buyers sign contracts.

Real Estate 397

Real Estate Real Estate Agent Brokerage Contracts 397

Housing Wire

OCTOBER 3, 2024

The ruling states that EasyKnock’s sale-leaseback agreement was a “valid and enforceable contract,” and the total amount awarded includes back rent owed, late fees and attorneys fees. “We According to legal documents , the couple later asserted that the sale-leaseback contract was a “disguised loan” under Texas law.

Legal 434

Legal Law Property Taxes Contracts 434

Housing Wire

MAY 20, 2024

Before any interaction between buyer and seller agents , potential sellers and buyers would sign contracts with their brokers The buyer agreement would state what services would be provided by the buyer broker and what compensation they would receive. The negotiation would continue until the parties agreed to the terms of the sale.

Buyers 466

Buyers Agents Counter Offer Sellers 466

Housing Wire

JANUARY 18, 2024

Qualia is suing both Settlor and Myers for misappropriation of trade secrets, and it is suing Myers for breach of contract, and Settlor for intentional interference with a contract. The plaintiff also states that as the former leader of the Resware team, Myers knew the value of the information she took.

Contracts 448

Contracts Government Business Marketing 448

Housing Wire

JUNE 17, 2024

Department of Housing and Urban Development (HUD) submitted a motion to change the court venue where a case with Texas Capital Bank (TCB) is taking place, arguing that a contract clause has been violated by TCB’s choice to file the case in Amarillo, Texas, as opposed to Dallas. Attorneys representing Ginnie Mae and the U.S.

Government 448

Government Mortgage Law Contracts 448

Housing Wire

NOVEMBER 16, 2021

of the [loan] pool is concentrated in Maryland per the transaction documents,” states the November 10 Fitch presale report for PIMCO’s latest offering — issued through a conduit called BRAVO Residential Funding Trust 2021-HE3. Learn about the tools lenders should leverage to streamline home equity title and closing. Presented by: ServiceLink.

Investors 434

Investors Marketing Contracts Investing 434

Housing Wire

SEPTEMBER 23, 2022

Eghbal “Eddie” Saffarinia, 62, of Alexandria, Virginia, perpetrated a scheme to conceal key facts, including the extent and nature of his relationship with a “personal friend” who was the owner and CEO of an information technology company, according to court documents and evidence presented a trial.

Government 418

Government Contracts Development Technology 418

Housing Wire

MAY 4, 2021

. “And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.” Currently, 32 U.S. states allow full eClosings. RON bills have also been introduced in several other states, and at the federal level.

Tools 387

Tools Human Resources Technology Real Estate 387

Appraisal Buzz

AUGUST 20, 2021

Oaktree Funding offers a wide range of mortgage products, including competitive non-QM and non-agency programs: for example, low-document bank statement and investor loans with limits as high as $4 million. “As The post Oaktree Funding Now a Participating Lender in Calyx Point appeared first on Appraisal Buzz.

Contracts 370

Contracts Investors Appraisal Mortgage 370

Housing Wire

SEPTEMBER 11, 2020

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic caused the worst economic contraction since the Great Depression. A further reduction in loan programs with low credit scores, high LTVs, and reduced documentation requirements also continued to drive the overall decline in credit availability.”.

Mortgage 545

Mortgage Government Contracts Lending 545

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “what’s next” in question.

HOA 488

HOA Property Management Real Estate Agent Technology 488

Housing Wire

APRIL 9, 2024

HOA requirements and documentation: a case in point. As a case in point, let’s look at the settlement requirement to navigate homeowners associations (HOA) and their vast and disparate array of documents and requirements. The result is thousands of HOAs with thousands of varying requirements and mounds of varying documentation.

HOA 475

HOA Real Estate Technology Investors 475

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “What’s next?” in question.

HOA 459

HOA Real Estate Agent Technology Real Estate 459