Housing Wire

FEBRUARY 3, 2025

The checklist covers such broad areas and topics as: organizational structure; litigation; compliance ; intellectual property; real property; financial and tax; labor and employment; material, vendor, and software contracts; insurance; and customers. It is often easy enough to do an initial online search to look for red flags.

Mortgage 417

Mortgage Contracts Insurance Sellers 417

Appraisal Buzz

JUNE 4, 2024

The Consumer Financial Protection Bureau (CFPB) has issued “ CFPB Circular 2024-03: Unlawful and Unenforceable Contract Terms and Conditions ,” warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.

Contracts 390

Contracts Law Mortgage Legal 390

Housing Wire

JANUARY 28, 2025

We transfer ownership by private contract between parties; no advance government approval is required. Title insurance policies solve these problems by protecting buyers against legal challenges to their ownership. system for the transfer of real estate is unique in the world. Among the many benefits of the U.S.

Insurance 417

Insurance Legal Government Real Estate 417

Housing Wire

APRIL 1, 2024

Hill and Kevin Ortiz — took legal action against the real estate brokerage by filing four separate class-action lawsuits. Allegations against KW include breach of contract, declaratory judgment and unjust enrichment. Earlier in March, four agents formerly affiliated with Keller Williams — Jerri L. Moulder, David L. Bueker, Robert E.

Legal 468

Legal Brokerage Agents Real Estate 468

Appraisal Buzz

AUGUST 13, 2024

While the industry is no stranger to predatory and/or unfair lending practices, new advisory opinion and research study on a type of home seller financing known as a “contract for deed” has been released by the Consumer Financial Protection Bureau (CFPB). The CFPB is had a field hearing in St.

Contracts 367

Contracts Investors Sellers Lending 367

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton will now oversee the company’s legal affairs, such as regulatory compliance, trademark protection, and contract management.

Legal 418

Legal Brokerage Real Estate Modernization 418

Housing Wire

MAY 3, 2024

Earlier this week, Zillow launched a new “touring agreement,” a nonexclusive contract for buyers and agents to use for home tours. While a non-agency, non-exclusive agreement is not a problem legally in Virginia, such an agreement must contain specific information to be in compliance with the law.

Legal 378

Legal Realtors Law Real Estate 378

Housing Wire

OCTOBER 18, 2022

Consequently, the warehouse lender filed the lawsuit against Sprout on Wednesday for breaching the contract and injunction in the U.S. The post FirstFunding sues Sprout for breaching of contract appeared first on HousingWire. District Court for the Central District of California Southern Division.

Contracts 397

Contracts Law Legal Mortgage 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 8, 2024

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.

Legal Fees 369

Legal Fees Legal Real Estate Brokerage 369

Housing Wire

OCTOBER 15, 2024

District Court in San Francisco, Side alleges that Tal and Oren Alexander, as well as Official Partners, have breached contracts held with Side. In a suit filed Friday in U.S. The complaint states that in mid-April, Side and Official Partners executed an amended and restated secured promissory note.

Contracts 430

Contracts Brokerage Real Estate Legal 430

Housing Wire

OCTOBER 28, 2024

The filing also takes aim at the touring and showing agreements some brokers and agents are initially using with buyers before they enter into a more formal contract. She expanded on this in her legal objection. “If

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

DECEMBER 18, 2024

Originally filed in October by Maurice Muhammad, a broker at Progressive Realty , the suit claims that NAR, along with other Realtor associations and executives, have violated federal civil rights statutes, engaged in unlawfuldiscriminatorypractices, breached their contracts, created a monopolistic system and broken federal antitrust laws.

Realtors 397

Realtors Contracts Law Realty 397

Housing Wire

MARCH 5, 2025

Keller Williams legal battle with former CEO John Davis is heating up. Davis own legal battle with his former employer began because of sexual misconduct allegations made against him by Inga Dow, the CEO of various Keller Williams offices, in 2022, three years after he left the firm.

Legal 319

Legal Training Business Contracts 319

Housing Wire

DECEMBER 17, 2024

Despite having long ago settled the commission lawsuits , legal challenges continue to mount for real estate industry giant Anywhere. 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 396

Realty Real Estate Advertising Agents 396

Housing Wire

JUNE 26, 2024

” He added that as Arizona is a notice-pleading state, the court must generally accept all the allegations as being true, provide NEXA the benefit of every possible inference, and will simply focus on whether the alleged facts fit within any cognizable legal theory.

Contracts 376

Contracts Legal Sellers Brokerage 376

Housing Wire

JANUARY 27, 2025

They wrote that the motion is based on the grounds that Plaintiffs oral contract claims are barred by Plaintiffs written agreement under the merger doctrine. According to the defendants the plaintiffs have failed to identify any actionable fraudulent, unlawful, or unfair conduct.

Realtors 343

Realtors Legal Law Real Estate 343

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 446

Legal Contracts Law Lending 446

Housing Wire

NOVEMBER 18, 2022

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.

Legal 368

Legal Law Insurance Finance 368

Housing Wire

OCTOBER 30, 2024

These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. But LoanSnap has been the target of several lawsuits in the past year. million.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Housing Wire

NOVEMBER 1, 2024

citizen or legal resident and be 18 years of age or older. This course covers real estate law, contracts, finance and ethics. Brokers are often legally liable for the actions of agents working under them. Factors like minimum age, education, and background checks differ by state. Generally, you need to be a U.S.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

The Appraiser Coach

FEBRUARY 22, 2022

What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that. Read More.

Contracts 195

Contracts Legal Inspection Advertising 195

Housing Wire

OCTOBER 3, 2024

EasyKnock , which offers sale-leaseback solutions to homeowners, announced a legal victory in Texas on Wednesday as it was awarded more than $153,000 by an arbitrator. The company has been fighting legal battles on multiple fronts through a series of consumer-initiated lawsuits and actions by regulators in several states.

Legal 433

Legal Law Property Taxes Contracts 433

Housing Wire

MARCH 20, 2025

The claims) carry significant professional and legal consequences, he said. A December 2022 study by the Brookings Institution found that homes in majority-Black neighborhoods are nearly twice as likely to be appraised below the contract price compared to homes in predominantly white areas.

Appraisal 208

Appraisal Reconsideration of Value Real Estate Legal 208

Housing Wire

APRIL 14, 2025

AI already has proven use-cases in this area, flagging rent schedules, legal risks, and key clauses in minutes. Its a great route to free-up agents from being bogged down by manual review of leases and contracts. Others are speeding up listing prep by automating the back end.

Real Estate 342

Real Estate Agents Tools Brokerage 342

Housing Wire

FEBRUARY 21, 2025

The commission is also accused of antitrust violations, breach of contract and violation of due process. They include CEO Michael McGee, current president Bill Lublin, president-elect David Dean, chief legal officer Hank Lerner and chief growth officer Kevin Juliano. Several PAR officials are also named as defendants.

Realtors 308

Realtors Real Estate Legal Contracts 308

Housing Wire

MARCH 8, 2024

District Court for the Northern District of Texas that verbal agreements are not legally binding and the case should be dismissed, according to court filings reviewed by RMD.

Legal 488

Legal Government Contracts Mortgage 488

Appraisal Buzz

FEBRUARY 24, 2025

Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. If you want to be your own boss, it also requires business acumen. quickly ) , as well as do so using a variety of sources.

Real Estate 335

Real Estate Development Appraisal Legal 335

Housing Wire

MARCH 11, 2025

After finalizing everything with an e-signed contract, I moved forward, and within a few weeks, the listing was live. Taking these extra steps can help prevent major financial and legal consequences later. Then came the call. Consider signing up for one. If something feels off, trust your instincts and dig deeper.

Real Estate Agent 344

Real Estate Agent Real Estate Agents Sellers 344

Housing Wire

MARCH 18, 2024

million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. million in damages related to a breach of contract claim, plus interest and attorneys fees. PennyMac Financial Services has paid $158.4

Legal 446

Legal Contracts Technology Development 446

Housing Wire

OCTOBER 3, 2024

What began as a legal battle between two companies that previously worked together on a Keller Williams technology platform has recently expanded to include industry veteran Josh Team. In order to do this, Team formed EMC, and a former colleague formed Aika, which subsequently obtained a contract to build the software for KW.

Contracts 432

Contracts Legal Technology Real Estate 432

Housing Wire

JANUARY 29, 2024

Three years into its controversial ultimatum , United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp. Therefore, we will follow the agreed upon contract and win damages.” UWM sued Kevron Investments Inc.

Contracts 468

Contracts Loan Officers Lending Retail 468

Housing Wire

MARCH 13, 2024

In their motion, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” In late February, MLS PIN and the plaintiffs filed a joint motion asking Saris for permission to file separate responses to the DOJ’s mid-February filing.

Contracts 468

Contracts Legal Sellers Buyers 468

Housing Wire

AUGUST 9, 2024

Co-hosts James Dwiggins and Keith Robinson urge agents to stop sharing commissions and discuss ways that listing agents can put their seller’s needs first while avoiding legal trouble and creating an excellent experience for their clients in an uncertain market. We put their interests above our own and we advise them,” Robinson added.

Real Estate 448

Real Estate Advertising Legal Agents 448

Housing Wire

JANUARY 6, 2025

The defendant argues that some of the plaintiffs likely entered into contracts with HomeServices subsidiaries or franchisees that included mandatory arbitration provisions, meaning that their contract explicitly requires disputes to be resolved through arbitration instead of court.

Contracts 426

Contracts Law Legal Real Estate 426

Housing Wire

FEBRUARY 29, 2024

In the filing, the parties wrote that they “dispute the factual and legal arguments made in the DOJ’s Statement of Interest.” The joint motion was filed on Wednesday by MLS PIN, Jennifer Nosalek, Randy Hirschorn and Tracy Hirschorn.

Contracts 448

Contracts Legal Sellers Buyers 448

Inman

SEPTEMBER 25, 2024

The Colorado Division of Real Estate announced the move Monday, days after the beleaguered brokerage suffered a legal blow in California over 40-year contracts described as "predatory."

Contracts 174

Contracts Realty Legal Brokerage 174