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

Housing Wire

Mr. Cooper filed the lawsuit against ACI Payments in September 2023 , alleging breach of contract, misappropriation of confidential information and ordinary negligence, among other accusations. These customers paid overdraft/insufficient funds fees or faced temporary account freezes.

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Court dismisses Move’s trade secret claims against CoStar

Housing Wire

The two other claims were aimed solely at Kaminsky and allege a breach of contract and promissory fraud. Two of them were aimed at CoStar and Kaminsky and dealt with trade secret misappropriation claims. Realtor.com’s approach of selling off leads is bad for brokers, and bad for consumers.

Legal 435
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Side files restraining order against Alexander brothers for allegedly moving loan collateral

Housing Wire

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.

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

Housing Wire

In addition, it resulted in legal fees due to 10 class actions and at least two individual lawsuits. Some customers faced overdrafts and/or insufficient funds fees on their bank accounts, while other customers’ depository institutions placed temporary account freezes.

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Move claims employee at center of legal battle with CoStar caused $5K in damage

Housing Wire

The two other claims were aimed solely at Kaminsky and allege a breach of contract and promissory fraud. Move should focus on fixing its broken business model and spend its legal fees on defending the class action lawsuit that accuses Realtor.com of selling fake leads to brokers.”

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Low Appraisal Fees in 2024

Appraisal Today

Without general liability insurance an appraisal company may be responsible for paying large out-of-pocket expenses for things like: Legal fees, Compensation to injured parties Reputational harm, Property damage repairs Commercial property insurance This type of appraisal insurance keeps the physical aspects of your company safe.

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Tips for Buying and Selling a Home at the Same Time

PennyMac

Unexpected Expenses: Budget for possible repairs, inspections or legal fees that might arise during either transaction. Consumers must initiate a mortgage loan application for a specific property and be under purchase contract for the property at least 30 days prior to lock expiration in order to extend the locked rate.