Judge blocks CFPB firings amid Treasury labor union lawsuit
A federal judge temporarily blocked the mass firing of CFPB employees on Friday as part of a lawsuit filed by federal employee trade unions.
Lawsuit
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Optionality of NAR’s no-commingling rule takes center stage at REX appeal hearing
Originally filed by REX in March 2021, the lawsuit alleges that changes made to Zillow’s website “unfairly hides certain listings, shrinking their exposure and diminishing competition among real estate brokers.”
Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit
The lawsuit and countersuit alleging deceptive reverse mortgage marketing practices has seen key deadlines pushed to the end of March and mid-April, respectively.
Judge grants delay in TCB suit against Ginnie Mae as government seeks summary judgment
The government seeks summary judgment, saying that a prior ruling from the presiding judge is ‘fatal’ to TCB’s remaining claims.
Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?
Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.
CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
Judge dismisses sexual assault case against Alexander brothers on technicality
A federal judge dismissed Angelica Parker’s suit against the Alexanders — including Oren’s twin brother Alon — on the grounds that the case was not filed within the time frame set by a New York state law that allows sexual assault survivors to sue their alleged attackers no matter how far back the incident occurred.
Biden administration’s parting gift to real estate is a lawsuit against Greystar
The Federal Trade Commission is suing Greystar for allegedly deceiving tenants through fees that raised rents above the advertised amount.
Alexander brothers denied bail on federal sex trafficking charges
Tal and Oren Alexander are staying in jail. Along with Oren’s twin brother Alon, the two former luxury real estate brokers were denied bond Wednesday on the federal sex trafficking case against them.
NAR membership antitrust suit in Texas adds local MLS as defendant
Texas broker Luz de Amor Eytalis initially filed suit in November, claiming that NAR and other defendants engage in monopolistic practices.