Remove Law Remove Legal Remove Legal Fees
article thumbnail

Liberty Reverse Mortgage hit with class-action suit alleging violation of California labor laws

Housing Wire

allegedly violated California labor laws by failing to provide employees with rest breaks, meal breaks and appropriate compensation for off-the-clock and overtime work, according to a newly filed class-action lawsuit. Representatives for the law firms could not be immediately reached for comment. and its subsidiary PHH Mortgage Corp.,

Law 359
article thumbnail

NAR settlement doesn’t pass the ‘real world’ test

Real Estate News

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DOL accuses PrimeLending of violating whistleblower provisions

Housing Wire

A spokesperson at PrimeLending wrote to HousingWire that the company disagrees with the findings, intends to appeal them, and request a hearing before an Administrative Law Judge. 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.

article thumbnail

Two Southern banks complete mortgage eNote transfer

Housing Wire

An eNote is a digital version of the promissory note which must meet the requirements of electronic transaction laws. Full e-Closings reduce the use of paper, legal fees, mailing and courier costs. Going forward, FHLBank Atlanta will accept all eNotes, per bank officials.

Mortgage 251
article thumbnail

Classifying Mortgages and HOA Super Liens

Appraisal Buzz

In September 2021, Fendee recorded its lien against Gould for unpaid association assessments, fines, penalties, interest, and legal fees. In January 2021, Gould failed to make payments on the property and subsequently defaulted on the note. NDFHA initiated foreclosure on the property in January 2022 due to the 2021 default.

HOA 221
article thumbnail

The Impact of Squatting on Real Estate Investors: Risks, Challenges, and Solutions

Eppraisal

Squatting, the act of occupying an abandoned or vacant property without the legal right to do so, is a growing concern for real estate investors. These challenges can range from financial losses due to property damage and legal fees to prolonged vacancies that delay the ability to sell or lease properties.

article thumbnail

Do I Need a Property Manager to Rent My Single Family Home?

Eppraisal

Leasing can sometimes take an entire month's rent while renewal often hovers around $200 as a fixed fee, assuming a monthly rent of $2,000. Maintenance and legal fees vary according to the job done. When you sign on with a management company, there may be a set-up fee for your account, as well.