The most class-action-friendly jurisdiction in the county is California. A new decision from the regional federal court of appeals there just made it a whole lot easier to certify classes.
In Minnesota, enforcement actions against real estate service companies have skyrocketed. Behind that alarming trend is not only an overly ambitious regulator, but also a determined industry foe.
In the heavily-regulated business of residential real estate, can a service provider legally offer discounts?
In a recent national class action, hundreds of home-mortgage borrowers have accused the Federal National Mortgage Association of unlawfully rigging their interest rates.
For those members of the real estate industry who hoped that the Consumer Financial Protection Bureau would clarify its expectations of lender liability and vendor management, the bureau’s recent bulletin seemed like a welcome relief.
Last Monday, the Consumer Financial Protection Bureau tried to shed light on employee-incentive plans like the one that recently pummeled Wells Fargo Bank.
Whether the Dodd-Frank Act survives the Trump administration remains to be seen.
As far as lawsuits go, the only thing worse than getting sued in a class action is having your insurance carrier deny coverage for the situation.
A federal appellate court recently struck down efforts by the Consumer Financial Protection Bureau (CFPB) to outlaw captive-reinsurance arrangements.
The impact of a long-awaited court ruling involving PHH Corporation is still reverberating throughout the real estate industry.