Keller Williams settles some of the lawsuits tied to its profit-sharing program

Keller Williams‘ legal worries just got a little lighter. On Friday, the real estate franchisee and the plaintiffs’ counsel in the Mcfarlane suit reached a settlement agreement for the lawsuit related to the firm’s recently abandoned changes to its profit-sharing program.In an email, Keller Williams

NextHome joins the list of firms to settle the commission lawsuits

The James Dwiggins-helmed firm NextHome is the newest real estate brokerage to settle the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a brief filed last week.The filing does not note how much NextHome has

Guild’s Jim Cory on company confidence in reverse mortgages

At the end of August, Guild Mortgage announced a suite of products under the name “Flex Payment Mortgage,” which includes Home Equity Conversion Mortgage (HECM) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans.Jim Cory, managing director of

Plaintiffs’ attorneys seek $220M from NAR, HomeServices commission lawsuit settlements

Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the National Association of Realtors (NAR) and HomeServices of America.In a filing in the Sitzer/Burnett suit o