Housing Wire

OCTOBER 9, 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 continues to allege that Kaminsky shared the documents he accessed with CoStar, which it claims CoStar used to boost user traffic on Homes.com.

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Housing Wire

AUGUST 2, 2021

Technology has streamlined the real estate industry, but it has also left the industry confused on how to bring the myriad of regulations, documents and requirements together into a cohesive, simple and secure experience that benefits all parties involved. .

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Housing Wire

OCTOBER 30, 2024

CoStar has notched yet another procedural win in its legal battle with Move , the parent company of Realtor.com. Both claims were aimed at CoStar and James Kaminsky , the former Realtor.com employee at the center of the legal battle. In a ruling issued Tuesday, Judge George H. In total, Move’s first amended complaint had six claims.

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Housing Wire

OCTOBER 16, 2020

The state has no legislation permitting RON, and has even gone so far as to write to Congress opposing proposed bills that would make RON legal in all 50 states. California has distinguished itself as the state that may never accept remote online notarization (RON). The rest of this content is for HW+ members. Already a member?

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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.

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Housing Wire

SEPTEMBER 23, 2024

A spokesperson for CCM said the company “does not comment on legal matters.” According to the lawsuit, Smith’s supervisor also directed her to commit mortgage fraud by altering documents and hiding or changing borrower information to make them qualify for home loans, which she said she constantly refused to do.

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Housing Wire

JULY 16, 2024

3 Besides portfolio monitoring, our tool offers property ownership / fast legal & vesting reports and access to externally sourced document images. . #2 Our platform provides updated insights through continuous monitoring for each property in your portfolio through dashboards, reporting, self-service capabilities, and more. #3

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Housing Wire

MAY 21, 2024

Rocket Mortgage has entered into a settlement agreement with a group of current and former employees who have alleged the company did not provide sufficient overtime pay, according to court documents reviewed by HousingWire and reporting at Bloomberg Law. million settlement will go to cover legal costs. Nearly 30% of the $3.5

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Housing Wire

APRIL 11, 2023

The home-buying process involves numerous steps, documents and parties that you have to work with. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. By having a neutral third party manage the transfer of funds and documents, the sale can be completed quickly and efficiently.

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Real Estate Legal Sellers Technology 359

Housing Wire

NOVEMBER 9, 2020

The model legislation creates legal certainty across the country by providing a uniform and consistent framework that is based on a common set of core principles. All states — except Illinois and New York — have legalized electronic transactions, signatures and notarizations by enacting the Uniform Electronic Transactions Act (UETA).

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Law Legal Technology Real Estate 467

Housing Wire

JUNE 7, 2024

She later discovered that unknown fraudsters had forged and filed documents to make it look like her house had been sold at a foreclosure sale. For centuries, the notary public was the stalwart guardian against forged deeds , ensuring that every signature was genuine, and each document bore the official seal of authenticity.

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Housing Wire

JUNE 4, 2024

In practice, the CFPB said companies are using terms and conditions that make consumers give up certain legal rights and protections. On Tuesday, the U.S. consumer financial watchdog released a circular warning companies that use ”fine-print tactics to trick consumers” about the risk of violating the Consumer Financial Protection Act.

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Housing Wire

OCTOBER 27, 2023

Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. The Real Estate Settlement Procedures Act (RESPA) ensures that homebuyers always have the legal right to consider alternative title insurance providers and can never be forced into using a particular provider.

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Insurance Real Estate Buyers Real Estate Agent 507

Appraisal Buzz

JANUARY 3, 2025

Homeowners report numerous requests from these companies for the same or updated documents extending over monthssometimes yearswhile survivors are dealing with a divorce or the death of a loved one. Click here to read more on the CFPBs report on homeowner treatment after tragedy.

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Appraisal Buzz

JULY 22, 2024

Iannitti is credited with automating the loan document preparation, management, and delivery processes; pioneering eVault and eSign capabilities; introducing the first end-to-end eClosing platform; and many other notable mortgage technology advancements. in 1987, with a vision to streamline the mortgage process and eliminate the reliance on.

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Housing Wire

APRIL 22, 2024

A digital certificate is like a unique private key assigned to an individual and enables notaries to digitally sign a document using cryptography. Proof documents have a legal identity that you can instantly trust,” Pat Kinsel, CEO of Proof, said in a statement.

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Housing Wire

OCTOBER 23, 2023

The first week of the much-anticipated Sitzer/Burn e tt class action buyer broker commission antitrust lawsuit concluded with the testimony of economic and legal experts. Roger Alford, a law professor from Notre Dame, was also called to testify on Friday. Ketchmark is expected to rest the plaintiffs’ case by the end of the day Monday.

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Housing Wire

APRIL 21, 2022

Notwithstanding all of the guidance, we still hear concerns of legality from lenders,” Perry said. “So Lenders have raised concerns about the legality of special purpose credit programs, and have expressed reluctance to provide the documentation necessary to develop the programs, which some see as an admission of wrongdoing.

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Housing Wire

SEPTEMBER 5, 2023

According to court documents filed on Tuesday, Anywhere Real Estate and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits.

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Housing Wire

APRIL 24, 2023

However, neighborhoods with associations or other “common interest communities” with legally-binding zoning rules would be exempt, according to the Seattle Times. We can’t go back and retroactively change the conditions that have been signed into in those legal documents,” Bateman said.

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Appraisal Buzz

SEPTEMBER 23, 2024

Tuesday morning will bring the Legal League Default Servicer Certification: Level I course. More Education on Tap The 2024 Five Star Conference presents an array of additional educational opportunities in the days ahead. Attendees of this session will learn about the full default servicing process, from beginning to end.

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Housing Wire

JUNE 13, 2024

million settlement agreement between Rocket Mortgage and current and former employees who alleged in a class-action-seeking lawsuit that the company did not provide sufficient overtime pay, according to court documents reviewed by HousingWire. million settlement will cover legal costs. A judge in Arizona has approved a $3.5

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Housing Wire

JANUARY 10, 2024

According to the document, the award arises from “Defendants’ breaches of their employment agreements and violations of their other legal duties during their employment in Washington.” A spokesperson for CCM wrote that the company “does not comment on legal matters.”

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Housing Wire

MARCH 30, 2023

“As a result of a sale of a portion of its business, Homebridge Financial will terminate all of its retail operations,” Philip Schild, the company’s general counsel, wrote in the document. According to the document, employees will be paid their wages or salaries up to their termination date.

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Housing Wire

JULY 3, 2024

the parent company of Realtor.com , is suing CoStar Group , the parent company of rival Homes.com , over the alleged theft of portal data and documents. Move alleges that Kaminsky accessed Realtor.com documents through June of this year without being detected, despite leaving the firm in January and joining CoStar in March.

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Housing Wire

MARCH 8, 2024

The lawsuit follows a legal battle that started after three of Movement’s veteran sales executives—Deran Pennington, Matt Schoolfield, and Chris Shelton — left for Summit in July 2023. The document established his relationship with the lender, which included recruiting personnel and responding directly to Scrima.

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Housing Wire

NOVEMBER 29, 2023

However, wills and estate planning can be costly, and many Americans do not have the resources to legally account for their property before they pass away. Finally, in the case of multiple undocumented heirs, there is a risk of tax sale if the parties disagree on who is responsible for taxes and the obligation is not set out legally.

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Housing Wire

JANUARY 3, 2024

According to a document filed last week with the Securities and Exchange Commission , Reffkin is relinquishing $25 million in performance-based restricted stock unit awards in exchange for a $7 million cash bonus. For the changes to Reffkin’s compensation plan alone, Compass will pay $25,000 in legal fees, according to the SEC filing.

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Housing Wire

JANUARY 30, 2024

This is according to court documents reviewed by RMD. The government contends that TCB’s discovery targets are overly broad and also would be burdensome in terms of gathering documents and information. The attorneys say that prior legal cases have established that such questions must be considered before commencing with discovery.

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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. She expanded on this in her legal objection. “If

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Business Sellers Realtors Buyers 442

Housing Wire

DECEMBER 15, 2023

It’s the latest salvo in a legal battle that started after the three of Movement’s veteran sales executives — Deran Pennington, Matt Schoolfield and Chris Shelton — left for Summit in July. ” attorneys for Movement wrote in the document, which was filed on Dec. 12 in the U.S.

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Housing Wire

APRIL 18, 2024

Most of this information typically would be provided in a Plan of Allocation, a document routinely provided before the opt-out date.” Those individual home sellers may also lack legal counsel and would be less likely to learn about their class membership through the news.”

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Housing Wire

SEPTEMBER 18, 2024

In a document filed with the Securities and Exchange Commission on Monday, Fathom notified shareholders of its decision to settle the antitrust claims related to the Siter/Burnett suit. Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits.

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Brokerage Legal Fees Realty Legal 363

Housing Wire

OCTOBER 10, 2024

Tax payment history, legal documents and zoning information are also available at the push of a button. Araya’s data will come from CoreLogic‘s 360 Property Data suite, which offers property and marketing intelligence.

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Housing Wire

DECEMBER 21, 2022

The court quickly imposed a temporary restraining order to the case, which prohibited the former employees from using documents and mandated the return of the filings containing customer information that loanDepot claims they improperly took to CrossCountry.

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Legal Loan Officers Contracts Business 381

Housing Wire

SEPTEMBER 15, 2020

Consumer loans such as mortgages and other financial documents require notarization. A signer such as a customer closing on a loan appears before a notary on a video call and they complete, sign and notarize the document, he said. These remote online notarizations (RONs) avoid the traditional in-person contact. 509 digital certificate.

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Business Law Real Estate Investors 468

Housing Wire

MAY 20, 2024

It aims to allow any person or business to legally notarize a document online through a web portal or dedicated mobile application after users go through an identity verification process. Proof is a financial services company that primarily offers an online notary platform.

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