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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

Former Texas title employee sentenced for $350K wire fraud scheme

April 30, 2025 by bp56691
Mayela Saby Cantu participated in a scheme using falsified lien payoff statements, fraudulent warranty deeds and deceptive emails.
Categories Department of Justice, HWmember, Legal, Real Estate, Texas, Title, Title insurance, Wire Fraud

‘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

Compass files an antitrust suit against NWMLS over its CCP

April 25, 2025 by bp56691
NWMLS is not Realtor association affiliated and its Clear Cooperation Policy does not allow for office exclusives.
Categories Brokerage, Clear Cooperation, Compass, HWmember, Legal, MLS, national association of realtors, 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

Alexander brothers settle breach of contract lawsuit with Side

April 17, 2025 by bp56691
Side and Official Partners settled a breach of contract lawsuit in which Side accused the Alexanders of defaulting on a loan.
Categories Alexander brothers, HWmember, Legal, Official Partners, Real Estate, Side

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 Bough refuses to step aside in Gibson commission lawsuit

April 11, 2025 by bp56691
Three defendants in a commission lawsuit requested the judge recuse himself over a plaintiffs’ attorney’s donation to his wife’s campaign.
Categories Berkshire Hathaway, Commission Lawsuit, HomeServices of America, Howard Hanna, Howard Hanna Real Estate Services, HWmember, Legal, Real Estate, sitzer/burnett

The lean, mean (illegal?) 1099 LO machine

April 4, 2025 by bp56691
The lean, mean (illegal?) 1099 LO machine
A revealing look into the high-stakes (and legally murky) world of 1099 loan officers, recruiter tactics, and what some see as a blatant end-run around LO Comp rules.
Categories HWmember, Legal, Loan Officer, Mortgage, Tax
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