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HomeSitzer/Burnett

Sitzer/Burnett

Sitzer/Burnett
Housing Wire

All parties have settled the Sitzer/Burnett suit, so what’s next?

May 2, 2024 Allen Santos Comments Off on All parties have settled the Sitzer/Burnett suit, so what’s next?

​ When HomeServices of America reached a nationwide settlement agreement last week in the commission lawsuits filed by home sellers, it became the final defendant in the two original commission cases, Sitzer/Burnett and Moehrl, to […]

Judge
Housing Wire

Judge denies Sitzer/Burnett plaintiffs’ motion for entry of judgement

April 16, 2024 Mariel Alumit Comments Off on Judge denies Sitzer/Burnett plaintiffs’ motion for entry of judgement

​ The judge overseeing the Sitzer/Burnett commission lawsuit will not issue a final ruling on the HomeServices of America defendants just quite yet. In a filing on Monday, Judge Stephen Bough denied the plaintiffs’ motion […]

HomeServices
Housing Wire

HomeServices: It is too soon for a ruling in Sitzer/Burnett

April 8, 2024 Mariel Alumit Comments Off on HomeServices: It is too soon for a ruling in Sitzer/Burnett

​ In a filing earlier this week, HomeServices of America asked Judge Stephen Bough, who is overseeing the Sitzer/Burnett commission lawsuit, to deny the plaintiffs motion for entry of judgement. In their mid-March filing, the […]

HomeServices
Housing Wire

Judge denies HomeServices’ motion to decertify the class in Sitzer/Burnett suit

March 28, 2024 Mariel Alumit Comments Off on Judge denies HomeServices’ motion to decertify the class in Sitzer/Burnett suit

​ HomeServices of America, the remaining defendant in the Sitzer/Burnett commission lawsuit, suffered another blow on Tuesday. In a filing, Judge Stephen Bough, who oversaw the Sitzer/Burnett trial in Oct. 2023, denied the HomeServices defendants’ […]

Sitzer/Burnett
Weely Real Estate News

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

March 5, 2024 Mariel Alumit Comments Off on Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and […]

A Phil Hall Op-Ed
Weely Real Estate News

A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?

February 13, 2024 kingstu Comments Off on A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?

A Phil Hall Op-Ed: Here’s a question for the real estate brokers out there: What are the business challenges that will flummox you this year? Okay, that’s not an original question on my part – the […]

Sitzer/Burnett
Housing Wire

Injunction in Sitzer/Burnett commission lawsuit not expected until spring 2024

November 15, 2023 Allen Santos Comments Off on Injunction in Sitzer/Burnett commission lawsuit not expected until spring 2024

As the dust from the Sitzer/Burnett commission lawsuit trial and jury verdict settles, many unanswered questions remain. And based on Judge Stephen Bough’s latest filing, it doesn’t appear the real estate industry will have definitive […]

A Phil Hall Op-Ed
Legal

A Phil Hall Op-Ed: Life After Sitzer/Burnett

November 7, 2023 Mariel Alumit Comments Off on A Phil Hall Op-Ed: Life After Sitzer/Burnett

A Phil Hall Op-Ed : I just did a Google News search for the phrase “real estate” and I came up with a remarkable collection of headlines from major news outlets. These headlines and their sources […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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