A commission lawsuit is filed in Arizona. But NAR isn’t the target

The wave of commission lawsuits have arrived in Arizona. In a copycat suit filed last Friday in U.S. District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions.Masiello sold
Read MoreMr. Cooper names former Wells Fargo, JPMorgan exec Mike Weinbach as president

Mortgage giant Mr. Cooper Group has named Mike Weinbach, a former Wells Fargo and JPMorgan Chase executive, as its new president. He will succeed Chris Marshall, who is retiring at the end of 2024 but will assist with the transition.Weinbach, 50, will be in charge of the company’s operations, which
Read MoreHow Rocket Pro TPO plans to court more brokers in 2024

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services.Rocket Pro TPO‘s executive vice president Mike Fawaz shared major changes and commitments for the broker community at its IGNITE Live event on Monday afternoon. Rocket Pro TPO
Read MoreThe Agency welcomes three top producers in Seattle

Three top agents from Realogics Sotheby’s International Realty moved to The Agency’s outpost in Seattle, Seattle Agent Magazine reported on Friday.Sandra Hines and Blake Waggoner from The Hines Group will join as senior broker and broker, respectively, and Dave Janssens will join as managing broker
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