Apply Online
Schedule a Call

HWmember

Rocket Mortgage alleges $194,000 loss in broker fraud lawsuit

California, HWmember, Lawsuit, Legal, Michigan, Mortgage, Mortgage Fraud, Rocket Mortgage, United Wholesale Mortgage /

Rocket Mortgage has sued a California mortgage brokerage and one of its executives, alleging they knowingly submitted fraudulent loan applications that concealed borrowers’ debts and caused financial losses after the loans were sold to investors. In a complaint filed Tuesday in the U.S. District Court for the Eastern District of Michigan, Rocket Mortgage said Sharp […]

Rocket Mortgage alleges $194,000 loss in broker fraud lawsuit Read More »

Lone Wolf launches API portal to power integrations

Brokerage, HWmember, Lone Wolf Technologies, Real Estate, Technology /

Lone Wolf Technologies has introduced a centralized platform designed to expand software integrations and data connectivity across its real estate technology ecosystem. The company announced the launch of its API Portal — providing brokers, teams, agents and technology partners with access to application programming interfaces intended to link existing systems, automate workflows and share data

Lone Wolf launches API portal to power integrations Read More »

Advocus National Title expands leadership team

Home Sales, HWmember, People Movers, Real Estate, Title, Title insurance, Underwriting /

Advocus National Title Insurance Co. has expanded its national leadership team as it moves to scale its underwriting platform across the country. The attorney-focused title insurance underwriter said the leadership changes are intended to support national growth while maintaining its long-standing emphasis on attorney involvement in real estate transactions. Advocus has operated as a national

Advocus National Title expands leadership team Read More »

CoStar rebuffs D.E. Shaw, Third Point on Homes.com divestment

Andy Florance, Apartments.com, CoStar Group, Homes.com, HWmember, Real Estate, Technology /

The pressure of even more activist investors does not appear to be enough to cause CoStar Group to change its stance on Homes.com.  The Andy Florance-led firm responded to a letter sent by activist investors at D.E. Shaw & Co., LP. in a press release on Thursday, in which the company reiterated its commitment to

CoStar rebuffs D.E. Shaw, Third Point on Homes.com divestment Read More »

Real estate broker trust account violations, DRE enforcement and compliance best practices

Brokerage, Compliance, Contributors, HWmember, Real Estate, Regulatory Compliance /

Your state’s Department of Real Estate (DRE) will absolutely look at intent — but even the best intentions don’t excuse a violation. As a broker, if you don’t have a system in place for handling trust funds, and if that system can’t prove compliance to the penny, you’re exposed, whether you meant harm or not. In

Real estate broker trust account violations, DRE enforcement and compliance best practices Read More »

LPT Realty parent company acquires Humaniz, Reside

Brokerage, HWmember, LPT Realty, Mergers and Acquisitions, People Movers, Real Estate, real estate teams, Real Estate Technology, Technology /

LPT Aperture Holdings, the parent company of fast-growing real estate brokerage LPT Realty announced its acquisitions of Humaniz and Reside on Tuesday via an exclusive announcement with HousingWire. The Robert Palmer-led company said it is not disclosing the financial terms of either deal.  Humaniz provides teams with AI-powered software for recruiting and management, while Reside

LPT Realty parent company acquires Humaniz, Reside Read More »

SERHANT. names founding agents for Boston expansion

Agent, Boston, Brokerage, HWmember, Massachusetts, People Movers, Real Estate, Ryan Serhant, SERHANT. /

As SERHANT. enters the Boston market — marking its first presence in Massachusetts and completing its expansion across all major East Coast cities — leaders also announced the five founding Boston agents. Founding agents include Michael Carucci, Antonio Khoury, Jorge Sariego, Kyle Farrell and Joe Albano, who have collective sales exceeding $600 million over the

SERHANT. names founding agents for Boston expansion Read More »

Keller Williams settles Batton homebuyer commission lawsuit

Brokerage, Commission Lawsuit, HWmember, Keller Williams, Legal, Real Estate, Sitzer/Burnett /

Nearly two years to the day since Keller Williams settled the home seller commission lawsuits, the firm has announced a settlement with the Batton homebuyer commission lawsuit plaintiffs. The company announced its settlement agreement on Monday. As part of the nationwide settlement agreement, Keller Williams will pay $20 million. The firm did not disclose any

Keller Williams settles Batton homebuyer commission lawsuit Read More »

MBA’s Broeksmit says credit bureau trade group “gaslit” mortgage industry

Bob Broeksmit, Credit Score, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination /

Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit took the stage at the trade group’s IMB26 Conference in Florida to say that its members and he himself have “just been gaslit by the trade association that represents the credit bureaus.” The MBA has proposed that lenders submit a single-bureau credit pull for loans sold

MBA’s Broeksmit says credit bureau trade group “gaslit” mortgage industry Read More »

Retirement accounts become emergency funds as financial stress rises

Affordability, Baby Boomer, HWmember, Retirement, Reverse, Social Security /

Long-term retirement accounts are increasingly serving as sources of emergency funds as American workers confront rising costs and persistent financial anxiety, according to multiple recent studies. Surveys from Allianz Life Insurance, Payroll Integrations and F&G Annuities and Life show Americans cutting back on retirement contributions and tapping savings meant for later life to cover immediate

Retirement accounts become emergency funds as financial stress rises Read More »