Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral
The suit between Texas Capital Bank and Ginnie Mae has been revived after the bank filed an appeal this week with the Fifth Circuit.
Legal
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Redfin stockholder files suit over disclosures in Rocket deal
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
Deadline looms in Minnesota property tax forfeiture lawsuit
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
Compass has sued an MLS. History could shed light on its antitrust claims
A brokerage and eventually the FTC sued Realcomp in the mid-2000s over a listing policy, an echo of Compass’s suit against NWMLS.
UWM faces class-action lawsuit over alleged misuse of 401(k) plan assets
Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement Income Security Act (ERISA).
Former Texas title employee sentenced for $350K wire fraud scheme
Mayela Saby Cantu participated in a scheme using falsified lien payoff statements, fraudulent warranty deeds and deceptive emails.
‘Are you kidding me?’ Real estate industry reacts to Compass-NWMLS lawsuit
Supporters, detractors and antitrust law experts voiced their opinions on Compass’s suit against Northwest MLS.
Compass files an antitrust suit against NWMLS over its CCP
NWMLS is not Realtor association affiliated and its Clear Cooperation Policy does not allow for office exclusives.
New Jersey AG hits RealPage and 10 landlords with antitrust suit
RealPage was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin.
Alexander brothers settle breach of contract lawsuit with Side
Side and Official Partners settled a breach of contract lawsuit in which Side accused the Alexanders of defaulting on a loan.