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

NOVEMBER 1, 2024

Much like lawyers needing to take a separate bar exam in each state they wish to practice in, real estate agents’ training and licensing requirements vary by state. citizen or legal resident and be 18 years of age or older. This course covers real estate law, contracts, finance and ethics. Generally, you need to be a U.S.

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Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

JANUARY 22, 2025

According to HRI’s announcement, the organization trained and deployed a group of undercover investigators over the past year who posed as prospective tenants looking to use Section 8 vouchers. The other brokerage defendants contacted by HousingWire did not return a request for comment.

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Landlords Brokerage Training Real Estate 418

Appraisal Buzz

FEBRUARY 6, 2025

Legal League has issued a brief on the recent decision in the state of Pennsylvania in the case of Foxfield at Naamans Creek v. Legal League is a professional association of financial services law firms, uniquely positioned to drive progress in the mortgage servicing industry. Legal League Advisory Council Chair Stephen M.

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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. In her testimony, she noted that training modules receive very few views.

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Law Agents Realtors Contracts 459

Appraisal Buzz

SEPTEMBER 12, 2024

Legal League recently hosted four training sessions for more than 80 mortgage servicers. Classes included content from Legal League’s Level 1 and 2 certifications combined with new, unique content requested by the servicer’s Foreclosure, Bankruptcy, and Loss Mitigation teams. With member law firms spread out across the U.S.,

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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. Pass your state licensing exam The real estate broker exam is comprehensive, covering real estate law, ethics, and management. This includes legal, tax, and state requirements.

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Housing Wire

OCTOBER 26, 2023

Ketchmark asked Warner if those statistics suggest that agents are practicing the messages they are receiving in their training. He added that ReeceNichols, which has roughly 2,000 agents spread out over 21 offices in Kansas City, created its own policies and procedures, and that it was responsible for the training of the firm’s agents.

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Law Agents Brokerage Buyers 435

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. We are reviewing the claims.”

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Housing Wire

MARCH 26, 2021

million to more than 5,300 home mortgage consultants to resolve a pair of class-action legal claims that allege wage-and-hour violations in California, according to the settlement agreement in federal court. Wells Fargo agreed to pay $95.7 The deal will provide $62.8

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Housing Wire

JULY 29, 2024

The mortgage world is fast-paced and constantly evolving, driven by shifts in laws and economic conditions. From tweaks in consumer protection laws to new lending standards and disclosure requirements, the goal is always to foster a clearer and fairer lending process.

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Housing Wire

JANUARY 31, 2025

It protects you from potential legal claims that a mistake on your part caused someone financial harm. E&O insurance covers losses your client may experience, but can also help you and your business by paying legal expenses and managing claims. Does this brokerage offer the training and tools I need?

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Real Estate Brokerage Insurance Legal 338

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.

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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

JANUARY 19, 2022

FinCE N is a law enforcement arm of the U.S. FinCEN also solicits comments on whether and how to assign a reporting requirement to any or all of the following entities: Title insurance companies, title or escrow companies, real estate agents or brokers, real estate attorneys or law firms, settlement or closing agents.”.

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Real Estate Agent Real Estate Agents Insurance 468

Housing Wire

JUNE 13, 2024

In an analysis of more than 100 real estate wire fraud cases, CertifID found that the most common wire fraud-related legal liability issues for real estate firms are negligence, breach of contract, deceptive business practices and breach of fiduciary duty. In one of the cases cited by CertifID ( Otto v.

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Real Estate Insurance Legal Training 459

Housing Wire

AUGUST 26, 2024

The complaint also alleges that the defendants have “consistently failed and refused to properly train, screen, conduct background checks, supervise, reprimand, direct and instruct” their senior management in “a manner at or above the standard of care in accordance” with their policies and the laws of their respective home states.

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Real Estate Agent Real Estate Law Agents 514

Housing Wire

SEPTEMBER 5, 2024

These anti-discrimination statutes make it illegal to refuse to rent, sell or lease housing because of a lawful source of income being provided. Department of Housing and Urban Development ( HUD), state attorneys general and fair housing organizations to start applying this legal framework to homebuyers FHA loans accounted for 15.6%

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Buyers Real Estate Agent Inspection Real Estate 476

Housing Wire

AUGUST 30, 2024

The Merriam-Webster dictionary defines fraud as the “intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right,” and from identity theft to sweepstakes and investment scams, it can take countless forms at a high cost to consumers.

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Real Estate Insurance Sellers Legal 448

Housing Wire

JANUARY 9, 2025

The complete absence of legal or regulatory violations on The Mortgage Firms record speaks for itself. With this trend comes the obligation to ensure full compliance with our federal laws that prohibit redlining. million for a loan subsidy program and enhance its fair lending training, among other things.

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Investing Mortgage Lending Law 397

Housing Wire

SEPTEMBER 22, 2023

On Thursday, the trade group informed members that it was bringing in a third-party human resources reporting system and a third-party independent law firm to conduct a review of the organization. The letter also addresses a separate letter from Denise Drake, an attorney at Polsinelli Law Firm , to Goldberg dated July 14, 2023.

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Law Legal Human Resources Realtors 435

Housing Wire

JULY 17, 2024

Brokers, especially those dealing in the default and real estate owned (REO) business, should strongly consider becoming HUD certified housing counselors or, at the least, undertake the training in order to improve skills helping distressed, low income, or first-time homeowners. Now, it’s time for all of us to adapt.

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Real Estate Training Agents Buyers 493

Housing Wire

JULY 9, 2024

Just this week, I have spent time with successful people in the following pursuits: Technology consulting, software development, real estate sales, building construction and contracting, the law, nuclear physics innovation, advertising, medical sales, and product innovation. Also, architecture, store management, and payments services.

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Real Estate Agent Real Estate Agents Training 435

Housing Wire

AUGUST 1, 2024

have been busy training and preparing to be ready for Aug. In only a matter of weeks, real estate professionals nationwide will find out whether their training has paid off. VantHof has spent several months training to prepare for the business practice changes. Like the athletes in Paris, Realtors and brokers across the U.S.

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Real Estate Agent Real Estate Agents Business 448

Housing Wire

JUNE 12, 2024

It also offers training, certification programs (more on that in a bit), and updates on laws and best practices. State Land Title Associations These associations often offer training sessions, seminars and other certifications tailored to the legal and market conditions of the states they serve.

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Housing Wire

JANUARY 26, 2024

Like he did in the Sitzer-Burnett trial, Ketchmark referenced brokerage training materials and speeches given by CEOs like Gary Keller of Keller Williams , in which commissions are discussed. If it’s not collusion, then what is it?” Lamacchia responded by saying that he was unwilling to accept this as the purpose of NAR’s Participation Rule.

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Realtors Law Agents Real Estate 468

Housing Wire

NOVEMBER 2, 2023

The move is part of a legal battle that started in September 2021 when Richards filed a lawsuit alleging the lender closed thousands of loans without proper documentation to boost its performance ahead of its initial public offering (IPO) on the New York Stock Exchange. But “instead, Richards crumbled.”

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Contracts Legal Retail Training 435

Housing Wire

SEPTEMBER 8, 2023

The Polsinelli letter However, a letter from Denise Drake , an attorney at Polsinelli Law Firm to Goldberg from July 14, 2023, obtained by Inman News , casts doubt on NAR’s timeline and commitment to cleaning up a toxic culture. The letter reveals that NAR initiated an investigation into the behavior of NAR staffers and executives.

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Housing Wire

AUGUST 6, 2024

All 16 of the firm’s managing brokers, along with legal counsel, worked together to create the forms, with the goal to ensure that “the voice of the agent was represented” in the discussions. Like eXp and Side, @properties Christie’s International Real Estate also decided to strike out on their own with forms.

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Brokerage Realtors Agents Real Estate 448

Housing Wire

AUGUST 15, 2023

Defendants also said they had to attend mandatory training and tests without compensation. Defendants claim they were required to undergo extensive training “off-the-clock.” They were also tested daily for two to three months after the training period on practice or section tests. The lawsuit was filed on August 10 in a U.S.

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Training Technology Law Mortgage 370

Housing Wire

OCTOBER 12, 2020

Fannie Mae and Freddie Mac offer scripts for these conversations, but if servicers are increasing headcount to accommodate the numbers of borrowers needing assistance, it still requires them to effectively train new staff in a virtual, work-from-home environment – another strain on resources.

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Legal Training Law Insurance 459

Housing Wire

MARCH 26, 2024

The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic.

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Appraisal Reconsideration of Value Valuation Mortgage Appraisal 464

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Deluxe: Required 90 hrs of coursework.

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Real Estate Contracts Law Real Estate Agent 434

Housing Wire

NOVEMBER 16, 2023

As the Sitzer/Burnett case may well show, most listing agents are trained to steer their clients to offers that support this dynamic. This “straitjacket” approach obviates the need for the Realtor to maintain a license to practice law or for the client to engage an outside attorney to advise on certain terms.

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Realtors Contracts Real Estate Agents 448

Housing Wire

JANUARY 24, 2023

” Colgate Selden, a former lawyer with the CFPB and current partner at the law firm Blank Rome LLP , agrees: “I think there’s a way you can do it to reduce your risk. Attorneys interviewed by HousingWire said nothing appeared to be clearly over the legal line with the Control Your Price initiative.

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Lending Law Training Legal 370

Housing Wire

OCTOBER 22, 2023

You are required by law to get your fingerprints taken, have them on file with the Texas Department of Public Safety (DPS), and pass the subsequent background check. Many of the college and law school courses you completed to get your law degree, however, may count toward the education requirements. Did you know?

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Real Estate Real Estate Agent Agents Brokerage 435

Housing Wire

SEPTEMBER 28, 2023

They should also be on top of other compliance considerations such as oversight, training, staffing recommendations and, above all, documenting everything. Having the right boots on the ground is critical and that starts with thorough training (and continuous updating) and effective monitoring.

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Legal Training Real Estate Business 448