Defunct FGMC, former employees seek $1.75M settlement on WARN Act suit 

The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a class-action suit after an abrupt layoff – are seeking a Delaware bankruptcy judge to settle a Worker Adjustment Retraining Notification (WARN) Act lawsuit for $1.75 million. … Continue readingDefunct FGMC, former employees seek $1.75M settlement on WARN Act suit 

Defunct FGMC, former employees seek $1.75M settlement on WARN Act suit 

The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a class-action suit after an abrupt layoff – are seeking a Delaware bankruptcy judge to settle a Worker Adjustment Retraining Notification (WARN) Act lawsuit for $1.75 million. … Continue readingDefunct FGMC, former employees seek $1.75M settlement on WARN Act suit 

Appeals court hears arguments on reopening the DOJ’s probe into NAR

The National Association of Realtor’s ongoing battle with the Department of Justice is heating up again. On Friday, a three-judge appellate court panel in Washington, D.C. heard oral arguments from both NAR and the DOJ, over whether the federal agency will be able to reopen … Continue readingAppeals court hears arguments on reopening the DOJ’s probe into NAR

Appeals court hears arguments on reopening the DOJ’s probe into NAR

The National Association of Realtor’s ongoing battle with the Department of Justice is heating up again. On Friday, a three-judge appellate court panel in Washington, D.C. heard oral arguments from both NAR and the DOJ, over whether the federal agency will be able to reopen … Continue readingAppeals court hears arguments on reopening the DOJ’s probe into NAR

NAR names new chief marketing and communications officer

The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would lead NAR’s marketing and communications group starting Dec. 11. Bouhia is joining NAR’s senior vice president team, which is responsible for supporting … Continue readingNAR names new chief marketing and communications officer

NAR names new chief marketing and communications officer

The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would lead NAR’s marketing and communications group starting Dec. 11. Bouhia is joining NAR’s senior vice president team, which is responsible for supporting … Continue readingNAR names new chief marketing and communications officer

Guild hires Adam O’Daniel as chief marketing officer

Industry veteran Adam O’Daniel is transitioning to Guild Mortgage as senior vice president and chief marketing officer, a newly created role, after about two years at Open Mortgage, the company announced on Tuesday.  “We’re going to expand Guild’s brand presence nationally, deliver best-in-class marketing tools, technology and support for our … Continue readingGuild hires Adam O’Daniel as chief marketing officer

Guild hires Adam O’Daniel as chief marketing officer

Industry veteran Adam O’Daniel is transitioning to Guild Mortgage as senior vice president and chief marketing officer, a newly created role, after about two years at Open Mortgage, the company announced on Tuesday.  “We’re going to expand Guild’s brand presence nationally, deliver best-in-class marketing tools, technology and support for our … Continue readingGuild hires Adam O’Daniel as chief marketing officer

Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac

An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry, Black Knight Servicing Technologies and PennyMac Financial Services.  In a 2019 lawsuit, Black Knight accused Pennymac of copying its mortgage servicing … Continue readingBlack Knight awarded $155M in trade secrets theft lawsuit against Pennymac

Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac

An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry, Black Knight Servicing Technologies and PennyMac Financial Services.  In a 2019 lawsuit, Black Knight accused Pennymac of copying its mortgage servicing … Continue readingBlack Knight awarded $155M in trade secrets theft lawsuit against Pennymac