Housing Wire

OCTOBER 1, 2024

Katie Johnson is stepping down from her role as chief legal officer for the National Association of Realtors. CEO Nykia Wright informed NAR members of the news in an email sent Tuesday and obtained by HousingWire. Her last day will be Oct.

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Appraisal Buzz

DECEMBER 19, 2024

The Five Star Institutes Legal League has announced the launch of its latest White Paper, Non-Uniform Foreclosures. Legal League is a professional association of financial services law firms spread out across the U.S. The Legal League is uniquely positioned to drive progress in the mortgage servicing industry. Hladik Esq.

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Appraisal Buzz

JANUARY 9, 2025

Fortunately, there are ways to detect deed fraud attempts early, but mortgage professionals need to be well-informed to protect themselves and their clients. In some cases, AI and other digital tools have also been used to create convincing forgeries of documents or to automate the process of generating fake deeds and other legal documents.

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Appraisal Buzz

FEBRUARY 28, 2025

In recent developments, the Financial Crimes Enforcement Network (FinCEN) has reinstated the Beneficial Ownership Information Reporting (BOIR) requirements under the Corporate Transparency Act (CTA). What Is the Beneficial Ownership Information Reporting (BOIR)? passport ordrivinglicense)of everybeneficial owner.

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Real Estate Appraisal Business Legal 195

Appraisal Buzz

OCTOBER 8, 2024

Legal League , the premier professional association of financial services law firms in the U.S. Anthony Van Ness , Founder and Managing Partner of Van Ness Law Firm, and Roy Diaz , Managing Shareholder of Diaz Anselmo & Associates PA have been reelected to the Legal League’s Advisory Council.

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Housing Wire

FEBRUARY 6, 2025

Redfin s legal load just got a bit lighter. The suit alleges that Redfin uses third-party code to track prerecorded videos its subscribers watch and sends that data to its third-party code vendors along with subscribers personally identifiable information (PII), all without its subscribers valid consent.

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Housing Wire

MARCH 27, 2025

He ruled that the submitted report will enable the court to further understand how the reverse mortgage industry views the assets in question when considering the legal questions at issue, according to a court filing reviewed by RMD. The information from Conway falls into this category, the judge ruled.

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Housing Wire

MARCH 25, 2025

Additionally, NAR noted that listing agents representing sellers who choose to delay the public marketing of their listing must obtain a signed disclosure documenting the sellers informed consent to waive the benefits of immediate public marketing through IDX and syndication.

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Housing Wire

APRIL 9, 2024

The wholesale lender said it’s offering legal support to partners in case they are sued and once again accused Rocket Mortgage of being behind the report, which the rival denies. He left in February. Rocket did not provide additional comments on Tuesday’s UWM message to brokers.

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Housing Wire

MARCH 1, 2024

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an attempt to drive business. He declined to comment further.

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Loan Officers Law Brokerage Business 448

Housing Wire

MARCH 3, 2025

With the exception of two contracts related to “FD Online licenses and litigation data,” the bureau’s legal division was also ordered to terminate its contracts, Doe said in the affidavit. Contracts related to tools necessary for CFPB employees to do their jobs were canceled, Doe added.

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Contracts Legal Government Training 391

Appraisal Buzz

NOVEMBER 14, 2024

Consumers will be able to access their data, such as transaction information, account balance information, information needed to initiate payments, upcoming bill information, and basic account verification information. Financial providers must make this information available without charging fees.

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Advertising Legal Development Marketing 411

Housing Wire

DECEMBER 20, 2024

In a notice filed on Thursday, Monestier informed the Eighth Circuit Court of Appeals that she was appealing Boughs ruling on her motion for reconsideration, her motion to intervene and the approval of the settlement, as well as his denial of the motions of several other objectors. After Bough approved the NAR settlement on Nov.

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Housing Wire

JANUARY 13, 2025

Foreclosure and other legal proceedings are also suspended while homeowners are on a forbearance plan, Freddie Mac explained. During this temporary reduction or pause in payments, homeowners will not incur late fees and foreclosure and other legal proceedings are suspended.

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Housing Wire

DECEMBER 5, 2024

and CoStar are back at their battle stations as CoStar and James Kaminsky , the employee at the center of the companies’ legal fight, filed their replies to Move’s second amended complaint on Tuesday. As a result, CoStar argues that Move should explore a more targeted discovery or a discovery of his personal devices.

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Housing Wire

FEBRUARY 10, 2025

The claims against Hsieh and Macdonald were dismissed early in the legal saga, and in recent months the judge threw out the claims related to wrongful termination, various employment claims and loan origination practices, loanDepot said. “I’m sure that those folks can take a sigh of relief.

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Housing Wire

FEBRUARY 7, 2025

provides support, human resources, information technology and in-house legal services for the other firms in exchange for a fee. Crye-Leike is only in the position of defending this lawsuit because the T3 Sixty Report Form requests information for only two types of brokerages, the filing states.

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Housing Wire

MARCH 7, 2025

These financial agents would then be legally empowered to put a hold on suspicious spending and refer the case in question to law enforcement. Scammers are using high-tech tools to target older people for financial fraud schemes, often obtaining personal information through social networking sites and internet searches, Finkel said.

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Training Legal Law Government 369

Housing Wire

JANUARY 27, 2025

along with several of its subsidiaries such as Move , Realtors Information Network and OpCity , are looking to have the Bandy fraud suit dismissed. and Realtors Information Network, Inc., The National Association of Realtors (NAR) and News Corp., Filed in U.S. the filing states. The three motions are set for a hearing on Feb.

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Realtors Legal Law Real Estate 376

Housing Wire

DECEMBER 17, 2024

The company argues that the charges could incentivize the brothers to use the collateral to cover the steep costs of the legal fees to fight the charges, as well as the potential financial costs related to posting bail. If denied release, the three brothers will be relocated to New York and remain in federal custody.

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Housing Wire

DECEMBER 5, 2024

A bill aimed at limiting the use of credit trigger leads was excluded from the Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA), the Broker Action Coalition informed its members on Wednesday. While legal, this practice often results in borrowers receiving a flood of unsolicited calls, texts and emails.

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Housing Wire

DECEMBER 17, 2024

The coalition includes the Mortgage Bankers Association , the National Consumer Law Center , the California Mortgage Bankers Association , the Housing Policy Council , Jacksonville Area Legal Aid , Mortgage Bankers Association of Missouri , Mortgage Bankers Association of Florida , and Public Counsel of California.

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Housing Wire

DECEMBER 26, 2024

This came after PAR informed NAR that it would not withdraw or end the MLS Choice membership program. The National Association of Realtors (NAR) has taken things a step further in its battle with Phoenix Realtors (PAR)over the local trade groups MLS Choice program.

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Housing Wire

MARCH 19, 2025

In its supplemental statement of interest in the Nosalek suit filed on Monday, the Department of Justice (DOJ) didnt just address its ongoing qualms with MLS Property Information Networks (MLS PIN) settlement. He added that anyone who is involved in upholding CCP will be subject to legal exposure. And I consider it to be misleading.

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Housing Wire

JANUARY 24, 2025

” States allow agents to legally handle pocket listings, but in 2020 the National Association of Realtors (NAR) banned pocket listings with its Clear Cooperation Policy (CCP). Pre-market and off-market listings have caused some controversy in the real estate industry. Some agents call any non-MLS listings “ pocket listings.”

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Marketing Agents Clients Real Estate 370

Housing Wire

MARCH 6, 2025

The leadership change also comes nearly two years after Hsieh settled a testy legal dispute with the board. Editor’s note: This is a developing story and will be updated as more information becomes available. The following day the company announced Hsieh was stepping down as executive chairman and remaining as chairman.

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Housing Wire

NOVEMBER 12, 2024

based legal firm to complete a risk assessment of NAR’s current policies to determine if any of them pose future legal risks. It plans to use this information to help its governing body understand what it needs to do in the future to avoid further litigation over its rules. It also has brought in a Washington, D.C.

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Realtors Human Resources Legal Real Estate 370

Housing Wire

MARCH 20, 2025

The claims) carry significant professional and legal consequences, he said. It also sought to allow consumers to provide institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal. Department of Housing and Urban Development (HUD).

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Appraisal Reconsideration of Value Real Estate Legal 243

Housing Wire

MARCH 7, 2025

Website placement allegations In its legal strategy, Mutual counters by citing the same guidance from Longbridges original complaint. Mutual alleges that Longbridge paid for higher placement upon information and belief in violation of RESPA and the cited CFPB opinion.

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Housing Wire

MARCH 11, 2025

He informed me this wasnt the first time the property had been fraudulently listed ; the same thing had happened during its previous market appearance. Taking these extra steps can help prevent major financial and legal consequences later. Consider signing up for one. If something feels off, trust your instincts and dig deeper.

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Real Estate Agent Real Estate Agents Sellers 361

Housing Wire

JANUARY 14, 2025

Obtain a real estate broker license Your new chapter begins with ensuring you meet all legal requirements to operate as a broker. Check out our education page for more state-specific information. This includes legal, tax, and state requirements. Staying informed will help you navigate change rapidly and confidently.

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Real Estate Brokerage Agents Real Estate Agent 370

Housing Wire

NOVEMBER 8, 2024

“I know that this year, to say the least, has been quite a memorable year,” said Charlie Lee, NAR’s senior counsel and director of legal affairs. They want access to the information they can get from outside technology organizations, but they want to get it directly from their MLS organization.”

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Real Estate Agents Business Realtors 418

Housing Wire

FEBRUARY 3, 2025

He also serves as outside general counsel for his clients, assisting with legal and operational issues. The devil is in the details when it comes to due diligence. It requires a team to not only understand general issues that are common to M&A, but members of the team must understand the industry and its nuances.

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Mortgage Contracts Insurance Sellers 418

Housing Wire

AUGUST 13, 2024

The letter was in response to the CFPB’s request for information on residential mortgage fees, which the Bureau issued in late May. Services that are legal, disclosed, and regulated cannot be ‘junk fees,’” the letter states. The comment period for the request for information closed on Aug. 2, 2024.

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Insurance Mortgage Legal Government 468

Housing Wire

NOVEMBER 22, 2024

Yet to successfully practice the sale of residential real estate and access the information compiled by the MLS, nationally and in the State of Michigan, membership in these organizations in mandatory,“ the filing states.

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Realtors Real Estate Real Estate Agent Agents 370

Housing Wire

NOVEMBER 13, 2023

Cooper Group became the target of at least four consumer class-action lawsuits after disclosing a cyberattack at the end of October when customer information was compromised and the company shut down certain systems. The firm informed law enforcement, regulatory authorities and other stakeholders. Mr. Cooper had 4.3

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Legal Law Contracts Technology 544

Housing Wire

DECEMBER 6, 2024

One of the easiest and most cost-effective ways to stay top-of-mind with clients and prospects is by consistently delivering value in an informative, helpful real estate newsletter. Content: Agents can include any combination of data and information. Provide value Offer engaging content that both informs and entertains.

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Real Estate Clients Tools Sellers 397