HomeServices of America dismissed from Batton 1 commission case

HomeServices of America can preserve some of its legal war chest — for now, at least. The residential brokerage was dismissed this week from one of the early real estate commission lawsuits, known as “Batton 1” after its lead plaintiff, a homebuyer named Mya Batton. Judge Andrea Wood of the U.S. Dis
Read MoreKeller Williams launches online real estate course

Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry. “Ou
Read MoreTexas Capital Bank objects to DOJ motion to halt discovery in Ginnie Mae case

Texas Capital Bank (TCB), a warehouse lender that is suing Ginnie Mae over loans made by TCB to now-bankrupt lender Reverse Mortgage Funding (RMF), has objected to a motion by U.S. Department of Justice (DOJ) attorneys seeking to stop the evidence gathering process, saying its requests are reasonabl
Read MoreTane Cabe joins C2 Financial’s reverse mortgage division

Longtime reverse mortgage industry professional Tane Cabe has joined C2 Financial’s reverse mortgage division as a “retirement mortgage expert,” according to an announcement issued by the company this week.Cabe, who most recently served as president of reverse mortgage lending at Fairway Independent
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