Is this any way to run a mortgage market?

Is this any way to run a mortgage market?

Here's the right solution

Has the mortgage market turned a corner?

Mortgage lending still below norms and signs point to...

Quicken Loans sues DOJ, HUD for “shake down”

Says agencies demanding unwarranted penalties, false public admissions
W S

Items Tagged with 'Lawsuit'

ARTICLES

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution
Sarah Wheeler
"Today we reached a confidential settlement of the contempt motion in the case of Move, Inc. et al. vs. Zillow, Inc. et al. While we cannot reveal its details, we're absolutely thrilled with the result, and now it's full-steam ahead with the prosecution of this litigation.."
Read More

Chicago Association of Realtors drops defamation lawsuit against member

Lawsuit stemmed from Facebook post
Ben Lane
A defamation lawsuit brought by the Chicago Association of Realtors against one of its own members is now over, after the parties agreed to drop the suit. It all started with a Facebook post.
Read More

Morgan Stanley expects mortgage bond lawsuit from New York AG

Subprime securitizations at the center of lawsuit
Ben Lane
It turns out that Morgan Stanley is not out of the woods when it comes to trouble with regulators. Far from it, in fact. The company disclosed that it is expecting to be the subject of a lawsuit filed by New York Attorney General Eric Schneiderman over approximately 30 subprime securitizations sponsored by the company.
Read More

Mark Geragos: More Zillow employees victims of sexual harassment

Tells USA Today: “clearly a major problem” at Zillow
Ben Lane
Mark Geragos, the attorney representing Rachel Kremer in her sexual harassment lawsuit against Zillow, said that other Zillow employees have already come forward to corroborate Kremer’s claims that she was the victim of "sexual torture" while working at Zillow.
Read More

Zillow accused of “heinous acts of sexual harassment"

Former employee: Pervasive culture of degrading women
Ben Lane
Rachel Kremer, who was an inside sales consultant at Zillow for more than two years, is suing the company, claiming that she was "routinely and unapologetically subjected to despicable and inappropriate sexual conduct" throughout her time with the company.
Read More

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?
Ben Lane
The situation surrounding the escrow account shortages discovered at LandCastle Title and the law firm of Morris Schneider Wittstadt has taken another dramatic turn, with PGA golfer Dustin Johnson filing an amended motion which accuses Mark and Rod Wittstadt of conspiring to use Nat Hardwick as a pawn and set him up to take the fall for the shortages that were discovered in the accounts of the firm and its subsidiary, LandCastle Title.
Read More

New lawsuit alleges Dustin Johnson not Nat Hardwick’s only target

James Pritchard claims former LandCastle Title CEO stole $2 million
Ben Lane
The lawsuit, filed in Fulton County Superior Court in early October and obtained by HousingWire, alleges that Nat Hardwick, the former managing partner of the law firm of Morris Hardwick Schneider and former CEO of the firm’s subsidiary, LandCastle Title stole $2 million from James Pritchard under the auspices of investing in a holding company controlled by Hardwick.
Read More

Top Agent Network sues Zillow alleging fraud, stolen trade secrets

TAN says Zillow stole proprietary info under ruse of investment
Trey Garrison
San Francisco-based Top Agent Network filed suit Monday in U.S District Court for the Northern District of California against Zillow, alleging theft of its proprietary trade secrets to create the highly touted “Coming Soon” feature.
Read More

Investors Unite forges ahead with plan to end Fannie, Freddie conservatorship

Lawsuits, appeal to come even as white paper presented
Trey Garrison
The decision by retiring U.S. District Judge Royce Lamberth to dismiss one of the lawsuits brought against the Department of Treasury by Perry Capital and Fairholme Funds may have set back GSE investors. But it won't stop them.
Read More

Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
Jacob Gaffney
The decision arrives more than a year after hedge fund Perry Capital sued the Treasury Department and the Federal Housing Finance Agency, which oversees the government-owned mortgage companies.
Read More