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Memo reportedly undercuts mortgage fraud allegations against Letitia James

October 23, 2025 by bp56691
Prosecutors reviewing the mortgage occupancy fraud case against New York Attorney General Letitia James determined there is evidence that undercuts the allegations against her, according to an ABC News report based on sources.
Categories Department of Justice, Donald Trump, HWmember, Lawsuit, Legal, Mortgage, Mortgage Fraud, New York

REcore dismisses breach of contract suit against CoStar, Homes.com

October 23, 2025 by bp56691
Less than 48 hours after filing its breach of contract suit, REcore has dismissed its claims against CoStar and Homes.com with prejudice.
Categories California Regional MLS, CoStar Group, Homes.com, HWmember, Lawsuit, Legal, MLS & Associations, Real Estate

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

October 22, 2025 by bp56691
In a The Capitol Forum story, Zillow Flex agents claim that they must send buyers to ZHL in order to continue receiving leads.
Categories Agent, HWmember, Legal, Real Estate, Real Estate Settlement Procedures Act, Zillow, Zillow Premier Agent

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

October 21, 2025 by bp56691
REcore claims CoStar has not paid the full amount it owes for its IDX feed due to its monetization of MLS data.
Categories Andy Florance, California Regional MLS, CoStar Group, Homes.com, HWmember, Legal, MLS & Associations, Real Estate

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

October 17, 2025 by bp56691
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Categories California, Griffin Funding, HWmember, Lawsuit, Legal, LendingLife, loanDepot, Mortgage, Mortgage Broker

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

October 17, 2025 by bp56691
The Phoenix Suns ownership dispute involving UWM CEO Mat Ishbia ends with a dismissal, as the parties agreed to cover their own legal fees.
Categories HWmember, Lawsuit, Legal, Mat Ishbia, Mortgage, United Wholesale Mortgage

loanDepot claims West Capital Lending used illegal playbook to become a top brokerage

October 14, 2025 by bp56691
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits.
Categories HWmember, Lawsuit, Legal, LendingLife, Loan Officer, loanDepot, Mortgage, Mortgage Broker

Buyer agency agreements test limits of real estate agent-buyer trust

October 14, 2025 by bp56691
Buyer agency agreements test limits of real estate agent-buyer trust
With more agents claiming clients are cutting them out of deals, industry leaders warn that lawsuits could harm reputations.
Categories Agent, Buyer Representation Agreement, Commission Lawsuit, HWmember, Legal, NAR Lawsuit Settlement, Real Estate

Suspected $100M real estate fraud scheme uncovered in Baltimore

October 10, 2025 by bp56691
Investors are accused of taking out $100 million in DSCR loans from dozens of private lenders — using projected rental income as collateral.
Categories Appraisals, Baltimore, HWmember, Legal, Real Estate, Real Estate Fraud, Title, Valuation

New York AG Letitia James indicted on mortgage fraud charge

October 9, 2025 by bp56691
An anonymous source says James was indicted in the Eastern District of Virginia on one count after a mortgage fraud investigation.
Categories Associated Press, Bill Pulte, Department of Justice, Donald Trump, HWmember, Legal, Mortgage, Mortgage Fraud, Politics
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