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Lawsuit

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Redfin stockholder files suit over disclosures in Rocket deal

May 12, 2025 by bp56691
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
Categories Glenn Kelman, Goldman Sachs, HWmember, Lawsuit, Legal, Mergers and Acquisitions, Mortgage, Real Estate, Redfin, Rocket Companies

Deadline looms in Minnesota property tax forfeiture lawsuit

May 9, 2025 by bp56691
As many as 15,000 people may qualify for payment if they lost a home, business or other property due to tax forfeiture between 2012 and 2023
Categories Affordability, HWmember, Lawsuit, Legal, Minneapolis, Minnesota, Property Tax, Real Estate, Supreme Court

Compass has sued an MLS. History could shed light on its antitrust claims

April 30, 2025 by bp56691
A brokerage and eventually the FTC sued Realcomp in the mid-2000s over a listing policy, an echo of Compass’s suit against NWMLS.
Categories Clear Cooperation, Compass, HWmember, Lawsuit, Legal, MLS, national association of realtors, northwest mls, Real Estate, Robert Reffkin

UWM faces class-action lawsuit over alleged misuse of 401(k) plan assets

April 30, 2025 by bp56691
Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement Income Security Act (ERISA).
Categories Lawsuit, Legal, Legal & General Home Finance, LendingLife, Mortgage, Origination, Retirement, United Wholesale Mortgage

‘Are you kidding me?’ Real estate industry reacts to Compass-NWMLS lawsuit

April 28, 2025 by bp56691
Supporters, detractors and antitrust law experts voiced their opinions on Compass’s suit against Northwest MLS.
Categories Brokerage, Clear Cooperation, Compass, HWmember, Lawsuit, Legal, MLS, northwest mls, Real Estate, Robert Reffkin

New Jersey AG hits RealPage and 10 landlords with antitrust suit

April 23, 2025 by bp56691
RealPage was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin.
Categories HWmember, Lawsuit, Legal, Multifamily, New Jersey, Real Estate, RealPage

Washington Legislature requests study of home equity investment products

April 21, 2025 by bp56691
The Washington Legislature wants to know more about home equity investments and has commissioned a formal academic study.
Categories Home Equity, HWmember, Lawsuit, Legislation, Mortgage, Reverse, Washington

PA Real Estate Commission dismissed from antitrust suit

April 14, 2025 by bp56691
Former PAR President W. Preston Moore has until April 25 to file an amended complaint in his suit against NAR and PAR.
Categories HWmember, Lawsuit, Legal, national association of realtors, Pennsylvania, Real Estate

Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank

April 3, 2025 by bp56691
The case brought by TCB against Ginnie Mae has been ended via summary judgment in favor of the government. The bank has vowed to appeal.
Categories Ginnie Mae, HECM, HMBS, HUD, HWmember, Lawsuit, Legal, Reverse, Texas, Texas Capital Bank

Homebuyer sues eXp, accusing agent of breaching fiduciary duty

April 1, 2025 by bp56691
Plaintiff Michael Ammann previously filed suit against eXp in December 2024 over allegations of fraudulent practices and negligence.
Categories Cleveland, eXp Realty, eXp World Holdings, Glenn Sanford, HWmember, Lawsuit, Legal, Miami, Real Estate
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