Citadel agrees to pay .5M to settle DOJ’s redlining claims

Citadel agrees to pay $6.5M to settle DOJ’s redlining claims

The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black... Read more »
Fathom Realty Agrees To Pay .95M To Settle Commission Lawsuit

Fathom Realty Agrees To Pay $2.95M To Settle Commission Lawsuit

The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business. Whether it’s refining your business model, mastering new... Read more »
How Long Does the Executor Have to Pay the Beneficiaries?

How Long Does the Executor Have to Pay the Beneficiaries?

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Fathom Realty Agrees To Pay .95M To Settle Commission Lawsuit

Forget The NAR Settlement. New Development Transactions Still Pay

Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive experiences, innovative formats and... Read more »
Beverly Hills Estates Claims “Illegal” Escrow Hold on Pay

Beverly Hills Estates Claims “Illegal” Escrow Hold on Pay

Matthew Stafford, the quarterback for the Los Angeles Rams, may have closed on his new Hidden Hills mansion in December — but the brokers on the deal are now locked in a... Read more »
Proactiv Co-Founders Pay  for Brentwood Spec Mansion

Proactiv Co-Founders Pay $25 for Brentwood Spec Mansion

Katie and Amnon Rodan, co-founders of skincare brand Proactiv, have bought a mansion in Brentwood Park for $25.3 million, The Real Deal has learned.  Spec home developer Gil Charash at AMG Capital... Read more »
Patriot Bank to pay .9M to settle DOJ’s redlining accusations

Patriot Bank to pay $1.9M to settle DOJ’s redlining accusations

Tennessee-based community bank Patriot Bank agreed to pay $1.9 million to resolve allegations from the Department of Justice (DOJ) that it engaged in redlining discriminatory practices. The DOJ alleged that from 2015... Read more »

Invitation Homes to pay $3.7 million in California rent-gouging case

Invitation Homes, the nation’s largest single-family rental landlord, has reached a settlement to address accusations it violated California‘s “rent gouging” laws, the state’s Attorney General Rob Bonta announced on Monday. As part... Read more »
Harbor and F&F pay M for office building in Westwood

Harbor and F&F pay $45M for office building in Westwood

Harbor Associates and F&F Capital Group have picked up a 164,700-square-foot distressed office building in Westwood for $44.7 million — nearly 52 percent less than it traded for five years ago. The... Read more »
Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers... Read more »