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Lawsuit

Former Douglas Elliman agent withdraws lawsuit that sought unpaid commissions

Agent, Douglas Elliman, HWmember, Lawsuit, Legal, New York City, Real Estate, Real Estate Agents /

A former Douglas Elliman agent has withdrawn a lawsuit that sought to recoup $1.6 million in clawbacks from deals that closed after she left the brokerage. New York and Miami agent Holly Parker claimed she’s owed commissions on deals that were pending following her exit from Douglas Elliman. In the withdrawal, filed in the Supreme […]

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Legal fight between Longbridge and Mutual of Omaha continues

California, HWmember, Lawsuit, Longbridge Financial, Mutual of Omaha Mortgage, Reverse /

In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not reach a settlement. That’s according to the court docket reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The lawsuit between Longbridge Financial and Mutual of Omaha Mortgage

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TCB’s appeal against Ginnie Mae over reverse-backed collateral will proceed

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Following its vow to appeal the initial decision in a case brought against Ginnie Mae over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender, filings by Texas Capital Bank (TCB) have been docketed and assigned a case number in the Fifth Circuit Court of Appeals. The suit will begin

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Judge dismisses insider trading suit against Rocket’s Dan Gilbert

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Rocket Companies scored a win in a derivative lawsuit alleging insider trading by its primary stakeholder, Rocket Holdings, Inc. (RHI), an entity owned by founder and chairman Dan Gilbert, and its board of directors. The lawsuit stemmed from two complaints, one filed by the Doris Shenwick Trust in November 2021 and another by investor Christopher

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Developer sues Denver over its affordable housing fund

Affordable housing, Colorado, Construction, Denver, Homebuilders, Housing Market, HWmember, Lawsuit, Legal /

As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the city’s dedicated affordable housing fund. The company, redT Homes, states that it’s the Denver area’s “only residential real estate development company […] offering a full suite of services,

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Whiplash: As second court orders halt to tariffs, appeals court keeps them in place

Department of Justice, Donald Trump, Housing Market, HWmember, Lawsuit, Politics, Regulatory, Supreme Court, Tariffs, Trump administration /

Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authority to impose such levies. But a

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DOJ: Former attorney pleads guilty to wire fraud tied to reverse mortgage misuse

Department of Justice, HWmember, Lawsuit, Legal, Reverse, Washington, Wire Fraud /

A former attorney in Washington state this week pleaded guilty in federal court to defrauding a disabled client out of an estimated $800,000 — in part through the misuse of a reverse mortgage, according to an announcement by the Department of Justice (DOJ) and the U.S. Attorney’s Office for the Western District of Washington. The

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Hooper commission lawsuit settlements granted preliminary approval

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A federal judge has granted preliminary settlement approval in the Hooper commission lawsuit that involves several high-profile real estate brokerages — including eXp World Holdings, Mark Spain Real Estate, Weichert of North America and Atlanta Communities Real Estate Brokerage. The order signed by U.S. District Court Judge Mark H. Cohen grants early approval for the settlement

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This Georgia homeowner went to war with her HOA—and won

Atlanta, Georgia, HOA, Homeownership, HWmember, Lawsuit, Legal, Real Estate /

A Rockdale County, Ga., judge has approved a $40,000 settlement between the Channing Cove Homeowners Association (HOA) and Michelle Bernard — a longtime homeowner who sued the HOA over a disputed lien on her property. Bernard’s legal battle began after the HOA placed a lien on her home for a little under $3,000, citing unpaid

This Georgia homeowner went to war with her HOA—and won Read More »

HomeVestors franchisee accused of running Ponzi scheme

Dallas, Investors, Lawsuit, Ponzi scheme, Real Estate, Texas /

A prominent Dallas-based home-flipping franchisee of HomeVestors of America — known for its “We Buy Ugly Houses” ads — is being accused of operating a Ponzi scheme that defrauded investors out of tens of millions of dollars. According to lawsuits and ProPublica interviews with alleged victims, Charles “Chas” Carrier, the owner of C&C Residential Properties,

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