RESPA is the biggest party foul in real estate. Compliance expert Summer Goralik explains the rules and stresses that anything less than full compliance can be a career-ending misstep. Continue reading
Both companies have invested heavily in AI. But while Rocket consistently earns high marks for loan servicing, Mr. Cooper’s J.D. Power rankings have been subpar for more than a decade. Continue reading
Mortgage broker Elliman Capital, a “strategic alliance” with Associated Mortgage Bankers Inc., will offer traditional and specialty loan products “from multiple national and regional lenders.” Continue reading
A former employee of Portfolio Escrow — a firm Douglas Elliman acquired in 2020 — says she was fired after raising concerns. But the company accused the former employee of embezzlement Continue reading
Compliance expert Summer Goralik examines practices drawing fresh regulatory scrutiny, putting questionable and potentially unlawful incentives between brokers and escrow back in the spotlight. Continue reading
In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the “star of a reality television show” but stopped short of naming Oppenheim. Continue reading
Beverly Hills Estates, led by Branden and Rayni Williams, is fighting for buyer agent Michelle Graci’s right to an agreed-upon 50 percent of the deal’s broker commission after seller Ronen Nahum alleged misconduct. Continue reading
The new service, available to date only in Massachusetts, where Earnnest has secured a brokerage license, is designed to alleviate the cost, management demands and above all else, legal risk of holding deposits in escrow. The company is looking to rapi… Continue reading
Once you get a transaction, writes team leader Carl Medford, you need to get it to the finish line. Here are five escrow failures that can stop you in your tracks. Continue reading
The move eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform. Continue reading