Invitation Homes to settle FTC claims of unfair rental practices for $48M

Invitation Homes, the largest owner of U.S. single-family rental homes, has agreed to pay $48 million to consumers and change some of its practices, according to a proposed settlement with the Federal Trade Commission (FTC) that was announced Tuesday. According to the FTC, Invitation Homes advertise
Read MoreHoward Hanna denied in effort to dismiss Davis homebuyer commission suit

Less than a week after an amended complaint added a slew of new plaintiffs to the Davis homebuyer commission lawsuit, the judge overseeing the case has denied defendant Hanna Holdings’ motion to dismiss or transfer the suit. Judge Wendy Beetlestone of the U.S. District Court for the Eastern District
Read MoreUWM scores a win in antitrust lawsuit against Okavage Group

Top U.S. mortgage lender United Wholesale Mortgage (UWM) this week won a three-year legal battle with a mortgage brokerage firm. The case involves the lender’s controversial “All-In” initiative, which states that brokers who work with UWM cannot engage in business with competitors Rocket Mortgage an
Read MoreColdwell Banker Realty adds top agent in Northern California

Coldwell Banker Realty is strengthening its roster of California-based agents. On Monday, the brokerage announced that it was welcoming top-performing agent Jing Hu to the firm’s office in the Silicon Valley hub of Cupertino. Hu was previously brokered with Keller Williams Santa Clara Valley. She tr
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