Judge strikes John Davis’ request from record, calling it ‘scandalous’

Judge called Davis’ demand for arbitration “redundant, immaterial, impertinent, and scandalous,” but ruled the former CEO made reasonable attempts to arbitrate his case against Keller Williams. Continue reading

Gary Keller seeks to punish John Davis for ‘salacious claims’

Keller Williams is asking the court to hold Davis in contempt, remove a legal filing detailing alleged misconduct from the public docket and order him to pay the defendants’ attorneys’ fees. Continue reading

John Davis escalates lawsuit against KW with new accusations

The former Keller Williams CEO expanded on previous allegations of financial misconduct in new court filings while adding new claims of alleged sexual misconduct by Gary Keller’s son, John Keller. Continue reading

Truist puts former Keller Williams exec in charge of home loans

David Smith will oversee Truist’s direct, correspondent and warehouse mortgage channels as well as servicing for more than 1.2 million homeowners. Continue reading

Keller Williams offloads mortgage division to Mutual of Omaha

Mutual of Omaha Mortgage has acquired Keller Mortgage for an undisclosed amount, according to an announcement on Monday. Keller Williams will retain an ownership stake in the company. Continue reading

Motto Mortgage opened offices at a record pace in 2022 as sales slowed

Double-digit growth in open offices was a bright spot for parent company RE/MAX Holdings, which reported a $2.6 million fourth-quarter net loss. Continue reading

The biggest mortgage, lending and housing finance stories of 2022

The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading

Real estate in 2022: When the #@!$ finally hit the fan

Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading

Keller Williams mortgage exec leaves after less than 2 years

Dave Smith joined Keller Williams in 2021. He presided over the firm’s lending efforts during a period of increasing difficulty for the mortgage business. Continue reading