Housing Wire

JANUARY 10, 2024

In addition, NAR said that the plaintiffs failed to “present the jury with evidence that NAR conspired with another Defendant to enforce the [Participation Rule].”

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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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Housing Wire

APRIL 30, 2021

Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. This is the final of a three part series on residential real estate sales commissions. You know what’s annoying? Telling someone the Internet has made their life a lot easier.

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Real Estate Real Estate Agent Legal Agents 468

Housing Wire

MAY 21, 2024

District Court for the District of Arizona , the employees alleged that they “were not paid one-and-one-half times their regular rates of pay for all time worked in excess of 40 hours in a given workweek,” according to the original legal complaint. million settlement will go to cover legal costs. Nearly 30% of the $3.5

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Housing Wire

OCTOBER 21, 2024

The companies’ legal teams communicated with each other prior to the requested delay and Longbridge did not object, according to a court filing. There is good cause to grant this motion,” Mutual of Omaha’s legal team said in the initial filing. But this independence is not actually present, Longbridge alleges.

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Housing Wire

JANUARY 27, 2022

With the federal foreclosure moratorium expiring in 2022, the market will undoubtedly see growth in foreclosure transactions as it tries to catch up on both past and present loans. Jeremy Potter Head of Legal and Capital Markets, Stavvy. Cohen First Vice President and Corporate Counsel, Default Administration, Community Loan Servicing.

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Housing Wire

OCTOBER 2, 2023

Following his presentation, Wolcott allegedly said in an email that his new company was also engaged in dialogue with Black Knight , which competes with CoStar in the real estate and property data business. CoStar also seeks monetary damages stemming from the costs and legal fees resulting from the suit.

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Appraisal Buzz

SEPTEMBER 23, 2024

With the 2024 Five Star Conference officially kicking off Tuesday at the Omni Hotel in Dallas , attendees got a jump-start on the festivities Monday by taking advantage of an array of educational opportunities presented by the Five Star Institut e. Tuesday morning will bring the Legal League Default Servicer Certification: Level I course.

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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 While no legal statute presently outlaws these practices, the MLSs might be engaging in a game of chicken with the Department of Justice (DOJ) and the law firms that have won or settled commission lawsuits against NAR and several major brokerages.

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Legal Realtors Agents Brokerage 482

Housing Wire

JUNE 13, 2024

At that time, the judge also characterized as a class any employee who worked for Rocket or its predecessor, Quicken Loans , for more than 40 hours in any given workweek as a past or present mortgage banker or similar title, or anyone who performed the job duties of working with borrowers through loan processing , court documents show.

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Appraisal Buzz

JULY 28, 2021

In today’s Buzzcast, we dive into the Legal and Accounting presentation of our Business Building Workshops being at Valuation Expo on September 8 th. Peter Christensen is one of the hosts within the Business Building Workshops and we’ll be getting the inside scoop on growing and understanding the legal structure of your business.

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Appraisal Buzz

SEPTEMBER 30, 2024

Kahane’s session delved into the nuances of data analysis, showing appraisers how to avoid pitfalls and present adjustments that withstand scrutiny. One of the most anticipated sessions was “AI and the Appraiser” , presented by Jim Amorin. presented by Dave DeMello. presented by Dave DeMello.

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Appraisal Legal Valuation Tools 349

Housing Wire

MARCH 26, 2024

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. They also highlight a provision added by the IALC in August, allowing KW to utilize profit-share program funds for legal defense against disputes. Moulder, David L. Bueker and Robert E.

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Brokerage Legal Agents Realty 511

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. , Kahane Esq. ,

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Housing Wire

JULY 30, 2024

At the new Homes.com , we always present the listing agent and only the listing agent on any home for sale on our site. Now while it may not be legal in all states or permitted at all firms, hundreds of thousands of agents are able to do dual agency and that listing lead can significantly increase their commission.

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Housing Wire

FEBRUARY 1, 2021

Clinton’s long-standing career in public service, in-depth legal expertise in housing policy and executive leadership skills will help bolster FHFA’s work as a world-class prudential regulator.”. Presented by: Motto Mortgage. Prior to joining the agency, he served for 24 years in various senior legal roles at the U.S.

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Housing Wire

OCTOBER 7, 2024

MV Realty is facing more legal action, this time in Minnesota. The firm — which is now infamous for its right-to-list agreements — is being sued along with its Minnesota branch, MV Realty of Minnesota , and the companies’ shared executive, Amanda Zachman.

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Realty Contracts Legal Brokerage 448

Housing Wire

JANUARY 28, 2021

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Presented by: 1 Percent Lists. Christopher Roberts, Zillow senior vice president and general manager of Zillow Rentals, said 49.3%

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Landlords Tenants Law Legal 488

Housing Wire

NOVEMBER 9, 2023

The jury reached an outcome that was neither supported by the law nor the facts that were presented in this case,” Kasper said in a video posted Thrusday. With the final ruling and injunction still unknown , Kasper acknowledged that there is a large amount of uncertainty swirling in the industry.

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Agents Legal Sellers Clients 459

Housing Wire

JULY 14, 2022

Cuts also hit operations, risk and compliance, legal, finance, business operations and marketing teams, according to a presentation held on Wednesday afternoon. . Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.

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Housing Wire

SEPTEMBER 11, 2023

The Mortgage Bankers Association (MBA) presented its annual Ken Markison Legacy Achievement award to Michael Eising, a vice president and mortgage compliance manager at Merchants Bank of Indiana. His overarching duty remains to steer the bank’s mortgage operations into full alignment with both federal and state legal mandates.

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Housing Wire

FEBRUARY 13, 2023

Darren Heitner, JIM’s attorney and founder at Heitner Legal , P.L.L.C, said regarding the sponsorship agreement that “the deliverables were met and EPM will fail in its helpless effort to essentially create terms in a contract that were not present.” Jesse Iwuji asked us to contact his lawyer for comment.

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Contracts Legal Lending Loan Officers 389

Housing Wire

JANUARY 8, 2024

In its motion for judgement as a matter of law, HomeServices asks the court to set aside the jury’s verdict and damages award, claiming that the evidence presented at the trial was insufficient to prove an antitrust violation. Furthermore, they do not demonstrate any antitrust impact or injury due to its enforcement.

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Law Real Estate Real Estate Agent Legal 446

Housing Wire

MARCH 25, 2024

Remain calm, trust that you are in the right place and go sell real estate,” Wendi Harrelson, the president of Keller Williams Realty International -owned regions, said during the presentation on Monday. Cooperative compensation is still legal,” Papasan stressed. The executives said they received more than 150 questions.

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Agents Advertising Real Estate Sellers 468

Housing Wire

JULY 17, 2024

Standardized forms can save consumers money on legal fees and other previously required elements. When speaking with a seller, Zorn would share his services, experience and other common elements of a listing presentation. But there is a risk that offers of compensation could disappear.

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Sellers Real Estate Buyers Legal Fees 459

Housing Wire

DECEMBER 11, 2024

Crucially, the filing also explained that both companies are in the opening phases of negotiations for an end to the legal dispute that could happen prior to a jury trial the remedy Longbridge demanded in the original complaint. RMD reached out to both companies for comment on this development.

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Marketing Legal Real Estate Mortgage 364

Housing Wire

NOVEMBER 30, 2023

The three defendants who were present at the trial, NAR, Keller Williams and HomeServices of America , have all vowed to appeal the verdict. Braun argued that legal issues still playing out in the Sitzer/Burnett suit was not a reason to delay the trial in the Moehrl case.

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Legal Sellers Realtors Law 448

Housing Wire

JUNE 1, 2021

HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing. Presented by: Altisource. HUD plans to launch a “first-of-its-kind interagency effort” to combat inequity in appraisals , according to a White House press release. How hybrid title and valuations help increase lending efficiency.

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Renovations Development Investors Legal 516

Housing Wire

OCTOBER 1, 2020

Nutter’s legal team strongly disputed both the “factual accuracy” and “legal merits” of the allegations that were investigated by the Commercial Litigation Branch of the Department of Justice’s Civil Division, the U.S.

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Housing Wire

MARCH 31, 2023

Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. With Healey’s signature, Massachusetts is now the 43rd state to legalize digital real estate closings, which started with Virginia in 2012. The law goes into effect on January 1, 2024.

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Law Real Estate Legal Technology 397

Appraisal Buzz

MAY 9, 2022

With all the construction of log homes, there needs to be legal and competent appraisals for these homes. Presently, there are several new rules and regulations that could result in major USPAP violations, but those rules vary upon the state, county and/or township. The question is how are these homes being appraised? Working Together.

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Valuation Legal Construction Appraisal 396

Housing Wire

MAY 10, 2024

If the delegate body approves of the changes, Article 4 would read: “Realtors who have a present ownership interest in property for sale or lease, or contemplated interest to purchase or lease property, must disclose in writing the existence of such interest to all parties to the transaction prior to a party signing any agreement.”

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Realtors Finance Agents Legal 397

Housing Wire

NOVEMBER 29, 2023

A home that is inherited from a family member without a will, also known as heirs’ property, can present serious challenges to families if new ownership has not been updated in land records. For heirs’ property holders, ALTA recommends several ways to establish legal property ownership after the fact.

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Legal Law Property Taxes Government 459

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls.

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Business Marketing Real Estate Legal 435

Housing Wire

JULY 2, 2024

The district court applied an incomplete legal framework in evaluating whether REX had presented a genuine dispute of material fact on concerted action in this case,” the filing states. And then of course the DOJ could relaunch a full blown investigations into NAR, that results in another legal battle,” Tomasello said.

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Legal Real Estate Realtors Sellers 468

Housing Wire

NOVEMBER 8, 2023

1, 1996 through the present, purchased in the United States residential real estate that was listed on an NAR MLS.” 1, 1996 through the present, purchased in the Indirect Purchaser States residential real estate that was listed on an NAR MLS.” The first is a nationwide class, which consists of “all persons who, since Dec.

Real Estate 459

Real Estate Realtors Sellers Agents 459

Housing Wire

SEPTEMBER 1, 2023

Airbnb hosts will have to meet several new requirements, including not renting out an entire apartment or home; and being present during guests’ short-term stays. Airbnb estimates that 5,300 existing reservations would be affected during the first week of enforcement, according to an August legal filing.

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