The U.S. Department of Justice (DOJ) announced the former mortgage lender James B. Nutter & Company, has agreed to a $2.4 million settlement to resolve allegations that it knowingly underwrote Home Equity Conversion Mortgages (HECM) insured by the Federal Housing...
Columbia, South Carolina-based United Homes Group Inc. (NASDAQ: UHG), a residential builder focused on southeastern markets, announced that Michael Nieri, the company’s founder, chairman, and CEO, will transition to executive chairman on Oct. 1. Jamie Pirrello, a...
Weiss Law, a new boutique law firm specializing in real estate transactions, has opened with offices in Miami and Boca Raton, Florida. The firm was co-founded by Adam J. Weiss, formerly a named partner at Solomon, Cooperman, Recondo & Weiss LLP and an attorney at...
Steven Cook, the former president of SouthernTrust Bank in Marion, Illinois, was fined $6,000 and sentenced to 50 hours of community service and two weekends in Illinois’ Jackson County jail for his role in a real estate fraud. He will also likely receive a lifetime...
A district court judge has issued a ruling in favor of the commercial real estate data provider CoStar Group (NASDAQ:CSGP), which is being sued by Move Inc., the News Corp (NASDAQ:NWSA) subsidiary that operates Realtor.com, for hiring a Realtor.com employee who...
The U.S. Department of Housing and Urban Development (HUD) has charged Tallahassee, Florida-based housing providers Greenbriar Partners LLC, Jackson Properties and Financial Services LLC, and Erwin D. Jackson with Fair Housing Act violations for refusing to provide a...
