CrossCountry Mortgage has asked a federal judge to dismiss a lawsuit alleging the lender engaged in an illegal kickback arrangement with a Raleigh real estate firm. Homebuyer Jeremiah VonBlohn, who filed suit at the end of July, claims his agent at Raleigh Realty directed him to CrossCountry in 2022 under a co-marketing agreement that gave […]
CrossCountry seeks dismissal in kickback suit Read More »
Zillow’s legal workload became even heavier on Friday when homebuyer Alucard Taylor filed a class action lawsuit against the real estate behemoth over its Premier Agent and Flex programs. The lawsuit, which was filed in U.S. District Court in Seattle, alleges both the Washington Consumer Protection Act and the Real Estate Settlement Procedures Act (RESPA)
Legal experts say RESPA suit against Zillow is ‘going nowhere fast’ Read More »
The Consumer Financial Protection Bureau (CFPB), under the leadership of acting director Russell Vought, is continuing to assess regulations it deems outdated or unnecessary. To that end, the bureau published a notice in the Federal Register this week that seeks to rescind a 2021 rule which “temporarily permitted mortgage servicers to offer certain loan modifications
CFPB seeks rescission of pandemic-era mortgage servicing rule Read More »