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G-Rate Sues NAF Over Poaching, Alleges Violation Of LO Comp Rule 

Top-10 mortgage lender Guaranteed Rate has filed a lawsuit against retail rival New American Funding over poaching. But this isn’t your standard poaching lawsuit: G-Rate alleges that NAF has wooed at least 30 employees since early 2023 via illegal loan officer compensation practices.  Despite the rise in poaching lawsuits in

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HousingWire To Host Commission Lawsuit Debate Between Ketchmark And Lamacchia

On Jan. 26, HousingWire will host a virtual debate between Michael Ketchmark, the plaintiffs’ attorney in the Sitzer/Burnett commission lawsuit, and Anthony Lamacchia, CEO of Lamacchia Realty and an outspoken advocate for Realtors, to discuss the arguments and the outcome of the trial. The recent landmark decision in the Sitzer/Burnett case included

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Are We Seeing Cracks In The Labor Market?

Slowing job growth doesn’t mean a recession, but today’s jobs report tells me that the significant job gains we were accustomed to in the early part of the COVID-19 recovery period are ending, which ties nicely to how I thought labor would recover after COVID. Even though the headline number

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Saul Klein To Lead San Diego MLS In Wake Of Scandal

San Diego Association of Realtors, which operates one of the country’s largest multiple listing service, has new leadership following the departure of alleged fraudster Mike Mercurio. Real estate industry veteran Saul Klein is taking over as the CEO and director of SDAR’s wholly-owned San Diego MLS, according to an announcement

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