Rocket moves to dismiss RESPA suit, citing safe harbor and lack of injury

Detroit-based Rocket Companies this week moved to dismiss a lawsuit alleging violations of the Real Estate Settlement Procedures Act (RESPA), arguing that plaintiffs failed to demonstrate injury, relied on claims beyond the one-year statute of limitations and did not sufficiently plead unjust enrich
Read MoreHow one brokerage uses AI voice, listening tools to help agents transform client calls

When it comes to implementing AI into business workflows, many agents and brokers typically consider things like backend office work, lead, CRM and email management, listing description drafting and marketing collateral creation. But Gary Ashton and Debra Beagle, the broker-owners of REMAX Advantage
Read MoreAtlantic Bay Mortgage Group hires Gregory S. Richardson as CRO

Gregory S. Richardson has joined Virginia-based Atlantic Bay Mortgage Group as chief revenue officer, the company announced Thursday. In his new role, Richardson will lead enterprise revenue strategy and alignment across production, capital markets, product development and institutional investor rel
Read MoreCalifornia bills target condo deposits and defect liability

California lawmakers are weighing bills that would reduce regulatory barriers to revive condominium construction, which has dropped significantly from its peak in the years before the Great Recession. Assembly Bill 1406 would raise the state’s liquidated-damages limit on new condominium sales from 3
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