Court stays two New York-based commission lawsuits

Taking a similar approach to Judge Patti B. Saris, who is overseeing the Nosalek suit, New York-based Magistrate Judge Robert W. Lehrburger has decided to stay the March and Friedman commission lawsuits.Both suits were filed in federal court in New York City and accuse real estate industry players o
Read MoreBright MLS, SentriLock join forces on showing service technology

Bright MLS and SentriLock are teaming up in the hopes of strengthening showing service technologies, the companies announced on Thursday.Through the strategic partnership, SentrilLock will provide its showing service platform to Bright subscribers. In addition, SentriLock will integrate REalchemy’s
Read MoreSupreme Court limits SEC enforcement by striking in-house courts

The U.S. Supreme Court on Thursday announced a decision that strips the Securities and Exchange Commission (SEC) of its ability to try civil financial fraud cases in its in-house court system, ruling that defendants in these cases have the right to a trial by jury under the U.S. Constitution.Other r
Read MoreOptimal Blue releases new data license product for mortgage pricing

Mortgage data provider Optimal Blue this week announced the launch of Competitive Data License, a product that is designed to help lenders price loans accurately and drive profitability. In its announcement, the Texas-based company described the product as “a collection of key national mortgage pric
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