Finance Legal Legal Fees 
Housing Wire
MARCH 28, 2024
According to the DOL, they must pay $35,000 in emotional damages and the legal fees of the two employees who reported consumer fraud concerns. According to data from Inside Mortgage Finance , PrimeLending, led by president and CEO Steve Thompson, ranked as the 35th largest U.S. mortgage lender in 2023.
Housing Wire
JANUARY 3, 2024
While the firm has succeeded in trimming costs and reducing operating expenses , it is now finding itself in the crosshairs of multiple copycat commission lawsuits , which will lead to an increase in legal costs. 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
SEPTEMBER 18, 2024
“We continue to assert that Fathom never participated in any conspiracy to inflate commissions and continue to believe that due to our flat-fee model, there was no incentive to join any such conspiracy.
Housing Wire
APRIL 12, 2022
To build market-rate housing, project financing is relatively straightforward, typically requiring a mix of private equity and debt. Financing affordable housing projects requires developers to put together a mix of funding from local, state, and federal sources, private equity, and philanthropy, in the form of tax credits, loans, and grants.
Appraisal Buzz
MAY 6, 2024
Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. The powerhouse roster of speakers included the organizer herself, Toni Moss, CEO of AmeriCatalysts, LLC.
Housing Wire
SEPTEMBER 26, 2023
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.
Housing Wire
OCTOBER 13, 2022
Daniel Wold, ALTA’s president, added: “We will continue speaking out against alternatives to title, which pose an even greater risk to the housing finance system.”. If the buyer is unable to prove negligence on the part of the attorney, the claimant would likely need to pay the legal costs involved to litigate the title matter.
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