Housing Wire

OCTOBER 23, 2023

Just prior to the plaintiffs resting their case late Monday afternoon, HomeServices of America , one of the three remaining defendants in the commission lawsuit , filed a motion for judgment as a matter of law. According to Goldberg, NAR takes antitrust law very seriously and it instructs members to not fix or control commissions.

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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 6, 2025

Through the Eviction Protection Grant Program (EPGP), a first-of-its-kind federal program created to increase the availability of legal services to tenants at risk of or subject to eviction, the U.S. Legal experts supported by this funding help provide housing stability across the country.

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Housing Wire

DECEMBER 20, 2024

After filing several different motions, including a motion to intervene, University of Buffalo law professor Tanya Monestier has filed an appeal of several rulings made by Judge Stephen R. Bough including his final approval of the National Association of Realtors (NAR) commission lawsuit settlement agreement.

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Housing Wire

MAY 6, 2024

and the Fair Housing Center of the Greater Palm Beaches , have filed a lawsuit that contends Florida Housing Law Senate Bill 264 violates the federal Fair Housing Act. We alleged that the law denies access to housing to people from China and these other countries. The suit was filed on Monday in U.S. District Court in Miami.

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Housing Wire

OCTOBER 21, 2024

The legal woes continue for the National Association of Realtors (NAR). The complaint cites a report by the Community Legal Services of Lehigh Valley , which found that minority members of NAR have been subjected to unequal enforcement of ethical standards.

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Housing Wire

DECEMBER 4, 2024

An entry on the docket runner explains that motions for reconsideration “serve a limited function: to correct manifest errors of law or fact or to present newly discovered evidence,” and that based on this, the motion is “not warranted.” Bough also denied University of Buffalo law professor Tanya Monestier ’s motion to intervene.

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Appraisal Buzz

AUGUST 16, 2024

Kahane & Associates PA is a full-service law firm based in Sunrise, Florida, that represents secured and unsecured creditors and provides a full range of legal industry, from foreclosure and bankruptcy representation to litigation, evictions, collections, loss mitigation, and REO closings. Kahane Esq. ,

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Housing Wire

SEPTEMBER 18, 2024

You have to follow the law, but if it’s legal, you can do it,” Pfaff said. “We We will always comply with the law.” said Marx Sterbcow of Sterbcow Law Group. After months of legal maneuverings, the suit has since been stayed until after the final approval of NAR’s settlement of the ​​Sitzer/Burnett case in November.

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Housing Wire

FEBRUARY 9, 2024

The Consumer Financial Protection Bureau (CFPB) on Friday announced that it has reached a settlement with four attorneys and their company, Consumer First Legal Group , over a long-running enforcement case regarding what the bureau called a foreclosure relief scam. Consumer First Legal Group and four attorneys — Thomas G.

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Housing Wire

JANUARY 15, 2025

Federal classification While laws across several U.S. All but 11 states allow for at least the medical consumption of marijuana, and it is also legal for both medical and recreational use in the District of Columbia , itself a federal district. I will probably lose my house in three months, Kemp said.

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Housing Wire

JANUARY 3, 2023

However, a declaration that the ultimatum violated antitrust law survived. A spokesperson for UWM said the company does not “comment on legal matters that are currently pending.” AML has to prove in writing why the court should exercise its discretion to hear the antitrust law claim by January 9.

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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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Appraisal Buzz

JUNE 28, 2024

He is the strategic leader I have wanted to enable Stern & Eisenberg to grow our ability to assist our clients with their everyday legal needs while also allowing our attorneys to focus on providing creative legal solutions when needed. elementor – v3.22.0 – 17-06-2024 */.elementor-widget-text-editor.elementor-drop-cap-view-stacked.elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed.elementor-drop-cap{c

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Housing Wire

SEPTEMBER 4, 2024

Wood, who is overseeing the two Batton homebuyer commission lawsuits and the Moehrl commission suit, has recused herself from the cases, according to a legal filing on Wednesday. In the filing, the Chicago -based U.S. Due to this, she was recusing herself.

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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

JUNE 11, 2024

In a legal brief filed on Monday, MLS Property Information Network (MLS PIN) made it clear that it does not agree with the Department of Justice ‘s position on the banning of cooperative compensation, as outlined in the DOJ’s statement of interest in the Nosalek commission lawsuit.

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Housing Wire

DECEMBER 19, 2023

High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have sent a sobering message to industry CEOs and their boards: the buck stops at the top. Just ask the ones who in the recent past have lost their jobs or faced reputational damage.

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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. A common issue is adding a general liability waiver to protect companies from suits when some states have laws with exemptions to these waivers.

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Housing Wire

JANUARY 10, 2024

The trade group joined defendants HomeServices of America and Keller Williams in filing motions for judgement as a matter of law and a new trial. In its filings, NAR said it supported the arguments laid out in Keller Williams’ and HomeServices’ filing, but it also filed its own suggestions in support of the motions.

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Housing Wire

OCTOBER 9, 2024

But the law also “fails to define what ‘without authorization’ means,” according to the National Association of Criminal Defense Lawyers. In an emailed statement, CoStar chief legal counsel Gene Boxer expressed gratitude over the court denying Move’s request for a preliminary injunction.

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Housing Wire

OCTOBER 25, 2024

Court of Appeals for the Ninth Circuit features plaintiffs who argue that they are — at least under Washington state law. Legal details The case, originally brought in Washington state court, is now playing out in federal court. First, that it is a reverse mortgage under the state’s Consumer Loan Act.

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Housing Wire

OCTOBER 8, 2024

Gavin Newsom (D) signed a bill into law that bars “housing discrimination, including discrimination through public or private land use practices, decisions, or authorizations, based on specified personal characteristics, including source of income.” In 2019, California Gov.

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Housing Wire

AUGUST 14, 2024

The law went into effect on January 1, 2024. Foreign reporting companies – A corporation, LLC, or other entity formed under a foreign country’s law registered to do business in the U.S. Beneficial owner information: The full legal name, date of birth, residential address, and a unique identifying number on a current form of I.D.

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Real Estate News

OCTOBER 29, 2024

A law professor filed a lengthy objection calling it “the worst of all possible worlds,” raising concerns about “chaos and frustration” as well as legal fees.

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Housing Wire

APRIL 5, 2022

There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” Today, the law is not yet clear on whether or not virtual land in the Metaverse is “actual” real estate. Defining virtual real estate. Each parcel is worth real money.

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Housing Wire

SEPTEMBER 28, 2023

After nearly 10 days of trial proceedings, Zillow is ready for its years-long legal battle with REX Real Estate to be over. On Wednesday, just nine days after the long-awaited trial’s September 18 start date, the real estate behemoth file a motion for judgment as a matter of law in the U.S. District Court in Seattle hearing the trial.

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Housing Wire

JANUARY 12, 2024

Supreme Co urt last week scheduled oral arguments for seven pending cases to take place in February, including one that will decide whether “the National Bank Act preempts the application of state escrow-interest laws to national banks,” according to a publication of the argument schedule and reporting at SCOTUSblog.

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Housing Wire

SEPTEMBER 11, 2024

While AI is poised to expand its influence in the mortgage and real estate industries, policymakers and regulators have warned that a lack of regulatory oversight may run afoul of existing laws on civil rights, fair competition, consumer protection and equal opportunity. In a recent comment to the U.S.

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Law Technology Legal Mortgage 395

Housing Wire

MARCH 19, 2024

“Plaintiff’s bald, conclusory allegation that the parties somehow ‘agreed’ to the 2022 unsigned amendment to the 2018 wholesale broker agreement as a complete and total replacement for the 2018 wholesale broker agreement in some unidentified manner is entirely implausible as a matter of law,” according to Atlantic Trust.

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Mortgage Law Brokerage Legal 340

Housing Wire

APRIL 4, 2024

An action taken that is determined to be “arbitrary and capricious” would translate into “willful and unreasonable action without consideration or regard for the facts and circumstances,” according to Cornell Law School ’s Legal Information Institute.

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Housing Wire

JANUARY 6, 2025

BHE claims that this order contains significant and manifest errors of both fact and law, and that the court failed to provide a ruling on BHEs reasoning for dismissal, such as the absence of any plaintiff who is able to allege a single fact with regard to conduct by BHE.

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Housing Wire

FEBRUARY 28, 2024

The agencies’ position, however, is that the provisions of the FDCPA apply “to all fees related to collection of a debt,” and that only fees that were expressly agreed to by borrowers — or those that “are affirmatively permitted by a law” — can be charged. It was signed into law by President Jimmy Carter that September.

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Law Legal Mortgage 363

Housing Wire

NOVEMBER 13, 2023

The firm informed law enforcement, regulatory authorities and other stakeholders. At this time, however, it’s not possible to quantify the full extent of remediation and legal expenses due to the cyberattack. The company estimates fourth-quarter earnings will include $5 to $10 million in additional vendor costs.

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Housing Wire

NOVEMBER 28, 2023

Residential zoning laws are designed to promote orderly development, control traffic flow, and ensure that noise and activity levels are appropriate to each specific neighborhood. Decades ago, zoning laws were used to legally segregate local communities based on race.

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Housing Wire

OCTOBER 17, 2024

$2,500 $35,000 $1 Million If you guessed one million dollars, then kudos to you, yet the real winners when it comes to fair housing laws are those who uphold them. Surely, there is a place for correction, penalties, and restitution when laws are broken but there is more buy-in when we emphasize the “carrot cake” motivation theory.

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Housing Wire

NOVEMBER 9, 2023

The heightened consumer protection focus from government agencies, combined with the Department of Justice’s ongoing legal feud with the National Association of Realtors and its recent involvement in the Nosalek commission lawsuit , has many in the industry expecting that the DOJ will get involved in the Sitzer/Burnett suit, and potentially others.

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