Mr. Cooper faces slew of class action lawsuits after cyberattack

The servicer is facing five separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans. Continue reading

Anywhere, RE/MAX commission lawsuit settlements move forward

A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

After downsizing, Better says it has cash to weather $340M Q3 net loss

A $565 million influx of cash from an August SPAC merger and a $1 billion reduction in annual expenses put Better on a footing to navigate a challenging market, executives say. Continue reading

RE/MAX parent appoints former DISH Network exec as CEO

Erik Carlson comes to RE/MAX in the wake of Adam Contos’ departure. He also joins the company at a tumultuous time for the real estate industry. Continue reading

Fathom Realty founder Josh Harley steps down as chairman and CEO

“Door open” to Harley’s return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal takes over as CEO and independent director Scott Flanders as board chair. Continue reading

Collabra appoints former Bright MLS exec to board of directors

David Charron joins Collabra’s board as the real estate technology and analytics company makes a bid to partner with more multiple listing services. Continue reading

NAR NXT: Everything to know as the annual conference begins

The National Association of Realtors’ NAR NXT Conference is gearing up for a week in Anaheim, California. Here’s a rundown of the schedule plus the sessions and events you can’t afford to miss. Continue reading