Consumer Tips


Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain

California-based Loan Factory and its CEO Thuan Nguyen are in hot water over allegedly using competitors’ names, photos and likenesses who had no affiliation with the company to attract business, according to a new class-action lawsuit filed Thursday in a California court. This news was first reported by National Mortgage Professional. Loan Factory is accused…

The post Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain appeared first on RISMedia.

Better Homes and Gardens Real Estate Names VP of Learning

Better Homes and Gardens Real Estate LLC has announced the appointment of Karrie-Ann Sheppard as vice president of learning.   In her new role as VP of Learning, BHGRE stated that Sheppard will focus on creating and implementing strategic initiatives to foster the growth of agents and brokers within the Better Homes and Gardens Real Estate®…

The post Better Homes and Gardens Real Estate Names VP of Learning appeared first on RISMedia.

A CRM and TM System to Measure True ROI (and Everything Else)

Above, REW CEO Morgan Carey Imagine if your CRM could tell you exactly which sources are providing the best return on investment, and which ones aren’t. Imagine a true measurement of each of your marketing channels that calculates the return on your marketing spend all the way through from the first dollar spent to how…

The post A CRM and TM System to Measure True ROI (and Everything Else) appeared first on RISMedia.

Survey Finds Seller Concessions Are Making a Comeback in Some Markets

A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those interviewed consisted of agents who have worked with sellers in the past six months across the Bright footprint. Close to two in five of agents’ clients offered credit for needed repairs that were discovered during…

The post Survey Finds Seller Concessions Are Making a Comeback in Some Markets appeared first on RISMedia.

ERA Announces 2023 Circle of Success Winners

ERA Real Estate announced its 2023 Circle of Success Award recipients, recognizing affiliated brokerages and agents for their outstanding accomplishments, commitment to service and professional triumphs. The announcement came during ERA Real Estate’s annual all-network conference—Fuel 2024—held in Nashville, Tennessee.  “We are extremely proud of our ERA affiliated companies and agents who have exceeded their goals…

The post ERA Announces 2023 Circle of Success Winners appeared first on RISMedia.

United Mortgage Turns to Refinances to Fight Mortgage Market Challenges

United Wholesale Mortgage (UWM) continues to fight through the tides of the mortgage market. Despite some pitfalls in their Q4 2023 and full-year earnings, the company remains hard on their stance of success and is taking turns to adjust for the future. “2023 was one of the best years in UWM’s history. It wasn’t the…

The post United Mortgage Turns to Refinances to Fight Mortgage Market Challenges appeared first on RISMedia.

Redfin and NAR the Targets of Yet Another Commission Suit

Another commission lawsuit is facing the National Association of REALTORS® (NAR), this time including Redfin and the California Association of REALTORS® (CAR). Referred to as the Freedlund suit, brought by sole Plaintiff Andrea Freedlund, the case, filed Tues., Feb. 26 in U.S. District Court in the Central District of California, alleges—yet again—that defendants conspired to…

The post Redfin and NAR the Targets of Yet Another Commission Suit appeared first on RISMedia.

Mortgage Mix: Major Lender Hit with Class Action; Rocket Sunsets Origination Channel

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Rocket, the largest lender in the country by most metrics, is shuttering Rocket Pro Originate, a platform for insurance agents, financial advisors, tax professionals and real estate agents to originate mortgages with the company. According…

The post Mortgage Mix: Major Lender Hit with Class Action; Rocket Sunsets Origination Channel appeared first on RISMedia.

Plaintiffs Seek Partial Summary Judgment in Moehrl Commission Case

In an attempt to counter the defendants’ Dec. 19 request for summary judgment in their favor in the ongoing commission case known as Moehrl, the plaintiffs on Feb. 26 filed their own motion, essentially countering the defendants’ ‘No, we didn’t’ insistence on whether they conspired to fix commissions with their ‘Yes, you did.’ Appealing to…

The post Plaintiffs Seek Partial Summary Judgment in Moehrl Commission Case appeared first on RISMedia.

Great Spaces: Perpetual Bliss in Sun-Soaked Turks and Caicos

Property highlights: Location: Grace Bay, Turks and Caicos Listing price: Starting at $500,000 Features: Beachfront residences ranging from the 580-square-foot oceanfront studio to the 6,411-square-foot four-bedroom penthouse. Added appeal: Access to resort amenities such as world-class dining, a state-of-the-art indoor fitness facility with an outdoor garden yoga studio and full-service indoor/outdoor spa. Turks and Caicos…

The post Great Spaces: Perpetual Bliss in Sun-Soaked Turks and Caicos appeared first on RISMedia.