Legal

NAR wins as court dismisses Muhammad’s antitrust lawsuit appeal

The National Association of Realtors’ (NAR) legal team just got another reprieve from Muhammad three-way agreement lawsuit. On Tuesday, the U.S. Court of Appeals for the Third Circuit dismissed appellant and lawsuit plaintiff Maurice Muhammad’s appeal after he failed to file a brief and appendix as requested by the court.  Muhammad filed his appeal of […]

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Optimal Blue comes out swinging on price-fixing lawsuit

Optimal Blue has responded to a class action lawsuit filed against it and 26 mortgage lenders, calling the claims “baseless” and “frivolous” and vowing to fight the lawsuit “all the way through.” “Optimal Blue is aware of the complaint filed against it, Black Knight, Inc., and many of the largest mortgage lenders, alleging a purported

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Sexual assault lawsuit plaintiffs accuse eXp of fraudulent misrepresentation

Roughly two and a half years since filing their initial complaint, the Acevedo sexual assault plaintiffs are back with their third amended complaint.  In the latest rendition of the complaint, eXp World Holdings, eXp Realty, eXp founder and CEO Glenn Sanford, suspended eXp agent David Golden, now-former eXp agent Michael Bjorkman and eXp agent Brent

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Realtor Veronica Figueroa dismissed from recruiting lawsuit

Veronica Figueroa, the leader and founder of the eXp Realty-brokered The Fig Team, has been dismissed from the recruiting lawsuit involving Keller Williams agents in Waterford Lakes, Oviedo and Lake Nona, Florida. The claims against Figueroa were voluntarily dismissed from the suit earlier this month by the three Keller Williams franchisee plaintiffs, which include Keller

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Are Zillow Flex agents required to send buyers to Zillow Home Loans?

The hits against residential real estate listing portal giant Zillow keep coming. On Tuesday, The Capitol Forum published a report claiming that their research and reporting shows that Zillow’s Flex program could violate the Real Estate Settlement Procedures Act (RESPA).  According to the report, agents, many of whom were former Zillow Flex agents, told The Capitol

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Are you ready for it? Realtor.com hit with Taylor Swift copyright claim

What do Realtor.com, CoStar, Zillow, and Taylor Swift have in common? One might think it would be something to do with multimillion dollar properties, but in fact it is copyright lawsuits.  On Monday, photographer Brynn Burns, who was responsible for a portfolio of photos of the estate where Travis Kelce proposed to Taylor Swift, filed

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REcore sues CoStar and Homes.com over alleged breach of contract

CoStar Group has found itself on the defendant side of a lawsuit. On Tuesday, REcore Solutions, a vendor providing licensing services for California Regional MLS (CRMLS), as well as other MLSs across the country, filed a lawsuit against the Andy Florance-helmed firm, over alleged breach of contract.  In the lawsuit, REcore claims that CoStar and

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Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads

loanDepot wasn’t the first mortgage lender to accuse West Capital Lending (WCL) of engaging in unlawful business practices — allegations that have drawn renewed attention to the tensions between retail mortgage lenders and brokerages in California. The cases spotlight the transfer of leads and borrowers when loan officers move between companies, raising questions about the

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Phoenix Suns ownership dispute involving UWM’s Ishbia resolved in court

The legal dispute over ownership and transparency of the NBA‘s Phoenix Suns has apparently come to an end as the parties have executed a stipulation of dismissal in the Delaware Court of Chancery, formally ending the lawsuit without a judge deciding the merits. The filing, submitted Friday, stipulates that both parties will cover their own

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loanDepot sues WCL, alleging illegal practices

loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits — practices that loanDepot claims are illegal and enabled WCL to become one of the largest mortgage brokerages in the country in just three years. The lender sued the brokerage and its founders, Eric

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