A landlord facing multiple indictments, a pair of new lawsuits and a boffo sale of a game show host’s estate. From the wild and wooly world of real estate, here are our hits and misses for the real estate week of April 29-May 3. Miss: The Landlord from Hell. A New...
One week after it announced a $250 million settlement agreement to resolve concerns raised over real estate agent commissions, HomeServices of America, the real estate brokerage unit of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A), is facing a new class action...
Illinois has become latest state to file a lawsuit against MV Realty, accusing the company of tricking struggling consumers into 40-year brokerage contracts. According to Illinois Attorney General Kwame Raoul’s lawsuit, MV Realty provides “financially distressed”...
United Wholesale Mortgage (UWM) (NYSE:UWMC) has pushed back on an attack against its operations by a hedge fund-backed Internet page that coincided with a lawsuit against the company and the hedge fund’s shorting of its stock. The lawsuit was filed last week by four...
The Real Brokerage Inc. (NASDAQ: REAX) announced a $9.25 million settlement agreement to resolve the pending class action litigation in one of the post-Sitzer/Burnett copycat lawsuits regarding the commissions paid to real estate professionals. Under the terms of the...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
