The National Association of Realtors (NAR) may have been dismissed from three antitrust suits this summer, but it appears the plaintiffs in at least one of them aren’t quite ready to give up their fight. Plaintiff Homie Technologies filed a notice of appeal on Thursday, notifying the U.S. District Court in Utah that it was […]
Homie appeals dismissal of antitrust suit against NAR Read More »
Cypress Loan Servicing has reached a $2 million settlement with the Massachusetts Attorney General’s Office (AGO) over allegations that it violated state foreclosure prevention and consumer protection laws. According to the AGO, Cypress — formerly known as Rushmore Loan Management Services — allegedly put homeowners at unlawful and unnecessary risk of foreclosure by violating Section
Cypress Loan Servicing settles foreclosure case for $2M Read More »
Nearly a year has passed since the National Association of Realtors’ (NAR) commission lawsuit settlement agreement business practice changes went into effect and the doomsday predictions have yet to pan out. Homebuyers and sellers are still hiring real estate agents to help them with their real estate transactions and real estate agents are still getting
Agents are still being compensated, but how they are is evolving Read More »
UBS Group said on Monday that it will pay $300 million to settle lingering obligations tied to a Credit Suisse deal with the U.S. Department of Justice (DOJ) over the sales of residential mortgage-backed securities (RMBS). UBS inherited the obligations when it acquired Credit Suisse in a 2023 rescue arranged by Swiss regulators. The bank
UBS will pay $300M to settle Credit Suisse case Read More »
Compass and Zillow are taking their legal battle to the courtroom. On Thursday, Judge Jeannette A. Vargas, a New York City-based U.S. District Court judge, ruled that the evidentiary hearing for Compass’s motion for a preliminary injunction in its suit against Zillow will begin on November 18, 2025, and end on November 21, 2025. In
Preliminary injunction hearing in Compass v. Zillow to begin in late November Read More »
Compass and Zillow might disagree on many things, but when it comes to the proposed parameters of their expedited discovery, the two adversaries managed to agree on a few items. In a joint letter filed on Monday addressed to Judge Jeanette A. Vargas, the parties outlined their proposals for the expedited discovery Compass was granted
Compass, Zillow iron out lawsuit discovery terms Read More »
Compass and Northwest MLS (NWMLS) are continuing their war of words. Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the two parties have traded barbs via legal filings. In NWMLS’s
NWMLS says it has ‘no duty to deal’ with Compass Read More »
The LGBTQ+ Real Estate Alliance has regained control of its financial accounts one month after former CEO Ryan Weyandt seized the accounts, after ruling by U.S. District Court Judge Eric Tostrud of Minnesota on Friday. Weyandt seized the accounts after allegations surfaced that the trade group had fallen into disrepair. According to the ruling, Weyandt
LGBTQ+ Alliance regains control of financial accounts amid legal turmoil Read More »
Texas Attorney General Ken Paxton and his wife, Angela — who own three homes in Texas — are facing similar accusations of mortgage fraud as the ones President Donald Trump levied against Sen. Adam Schiff of California and New York AG Letitia James. According to records assessed by The Associated Press (AP), mortgages signed by
Texas AG Ken Paxton under scrutiny for potential mortgage fraud Read More »
Dozens of former Fannie Mae employees filed a lawsuit this week, alleging discrimination after being abruptly fired in April over donations made through the government-sponsored enterprise’s charitable program. The lawsuit, filed Monday in the U.S. District Court for the District of Columbia, claims that on April 2, more than 80 employees received an email from
Fired Fannie Mae workers sue over discrimination Read More »